Australia is a rich country that taxes like a poor one

Australia is a rich country that taxes like a poor one

If Australia just collected the OECD average in tax, the government would have an extra $130 billion a year to spend on essential services like health and education.

On this episode of Follow the Money, Matt Grudnoff and Ebony Bennett discuss the latest data from the Australian Taxation Office showing that 30 per cent of large corporations paid no company tax in 2023-24 – with the gas, coal, salmon and tech industries among the worst offenders.

Use the code ‘podcast’ to get 50% off tickets to the Australia Institute’s Revenue Summit. Discount available for Follow the Money listeners while stocks last.

Guest: Matt Grudnoff, Senior Economist, the Australia Institute // @mattgrudnoff

Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebonybennett

Show notes:

New government data confirms gas exporters continue to pay no tax, the Australia Institute (October 2025)

Big gas is taking the piss, Follow the Money, the Australia Institute (April 2025)

Theme music: Pulse and Thrum; additional music by Blue Dot Sessions

We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au.

Support Follow the Money: https://nb.australiainstitute.org.au/donate

See omnystudio.com/listener for privacy information.

Episoder(411)

Prices skyrocket but major fuel shortages "very unlikely"

Prices skyrocket but major fuel shortages "very unlikely"

Petrol and diesel prices are sky high because of the illegal US-Israel war on Iran, but major fuel shortages in Australia are very unlikely. Matt Grudnoff and Ebony Bennett discuss Australia’s relati...

1 Apr 25min

How a gas export tax could transform Australia

How a gas export tax could transform Australia

A 25% gas export tax would drive down gas prices for Australians and collect billions of dollars that can be used to provide better, cheaper health and education services. On this episode of Follow t...

25 Mar 34min

Australia’s fossil fuel subsidies are out of control

Australia’s fossil fuel subsidies are out of control

Now costing Australian governments $31,020 per minute, fossil fuel subsidies are growing faster than spending on the NDIS. On this episode of Follow the Money, Rod Campbell and Ebony Bennett discuss ...

18 Mar 33min

AUKUS drags Australia towards US-Israel war on Iran

AUKUS drags Australia towards US-Israel war on Iran

The Australian government has been trying to placate Trump in order to secure the AUKUS submarine deal – and now we are seeing the results. On this episode of Follow the Money and After America, Dr Em...

11 Mar 34min

Gary Stevenson on wealth inequality and the rise of the far-right

Gary Stevenson on wealth inequality and the rise of the far-right

The far-right is benefitting from a failing status quo – but it doesn’t have to be this way. On this episode of Follow the Money, author and economist Gary Stevenson joins Ebony Bennett to discuss wea...

3 Mar 28min

“On the brink of extinction”: Niki Savva on the modern Liberal Party

“On the brink of extinction”: Niki Savva on the modern Liberal Party

Shedding voters on the left and the right, is the Liberal Party heading for “oblivion”? On this episode of Follow the Money, journalist and author Niki Savva and Australia Institute co-Chief Executive...

25 Feb 40min

Joseph Stiglitz on super profits, capital gains and why corporate tax is good for democracy

Joseph Stiglitz on super profits, capital gains and why corporate tax is good for democracy

Inequality creates insecurity and, as the United States is demonstrating right now, that insecurity can have devasting consequences for democracy. On this episode of Follow the Money, Nobel Prize-winn...

18 Feb 31min

Australia’s climate crossroads

Australia’s climate crossroads

With a leading role in this year’s United Nations climate conference, the Australian government has an opportunity to show genuine solidarity with its Pacific neighbours and climate-vulnerable communi...

11 Feb 39min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
popradet
lydartikler-fra-aftenposten
forklart
stopp-verden
rss-gukild-johaug
dine-penger-pengeradet
det-store-bildet
rss-ness
nokon-ma-ga
hanna-de-heldige
fotballpodden-2
aftenbla-bla
rss-penger-polser-og-politikk
rss-utenrikskomiteen-med-bogen-og-grasvik
rss-dannet-uten-piano
e24-podden
bt-dokumentar-2