The Australian National Audit Office is investigating so-called strategic water purchases in the Murray Darling Basin. These purchases were counter to government policy on reducing consumptive use, have not brought balance to the Commonwealth’s water portfolio, were not value for money and did not meet guidelines on transparency, accountability and ethical procurement.
New research has revealed that financial services in Australia will not insure against nuclear accidents, and if developers of nuclear power stations were forced to insure against nuclear accidents, nuclear power would be completely uneconomic.
The Australia Institute’s submission to the Inquiry into the prerequisites for nuclear energy in Australia, shows that establishing a nuclear power industry in Australia is economically unfeasible, particularly given the uninsurable nature of the technology means the risks of a nuclear incident are borne substantially by Australian taxpayers.
Submission key findings include:
‘Everyone has the right to a standard of living adequate for the health and well-being of himself and of his family, including food, clothing, housing, and medical care and necessary social services’. The Universal Declaration of Human Rights, Article 25
Aggregating the land portfolios of property investors in South Australia, so that they pay tax on their investments as a whole, is a fair reform that will help to raise the revenue required to fund public services. Drastically reducing land tax rates in a way that primarily helps property investors with portfolios valued over $1 million does the opposite.
The Australia Institute welcomes the opportunity to comment on proposed conditions of the United Wambo coal mine project relating to climate change. The Independent Planning Commission is to be commended for raising the elephant in the room of Australia’s climate policy – our coal exports and the scope three emissions that they create.
The Australia Institute made a submission to the Independent Assessment of Social and Economic Conditions in the Murray-Darling Basin. The socio-economic conditions of the Murray Darling Basin share many characteristics with other areas of regional Australia – lower incomes and difficult access to important services. These should be addressed as well as the mismanagement of the Basin’s water resources, which has had a particularly hard impact on communities of the Darling/Barka and the NSW Murray.
The Australia Institute supports the Murray-Darling Basin Commission of Inquiry Bill 2019.
This submission considers the implementation of the Basin Plan from a financial auditing perspective.
The Australia Institute made a submission to the Environment and Communications Legislation Committee's inquiry into the Coal-Fired Power Funding Prohibition Bill 2017. The submission highlights our existing research on Australia’s energy market and coal-fired power generation.
The Australia Institute made a submission on the Galilee Gas Pipeline proposed by Jemena. The Pipeline Project should be considered a controlled action under the EPBC Act as it would impact on matters of national environmental significance.
We thank the Natural Resource Commissioner for the thorough and forthright Draft Review of the Barwon-Darling Water Sharing Plan. We support all of the Commission’s recommendations.We raise two additional matters for the Commission’s consideration:
- Legality of the 2012 Barwon-Darling Water Sharing Plan
- Cap compliance