When global gas prices surge, countries like Qatar and Norway get rich. So why do Australians get slapped with soaring power bills and told to tighten our belts?
Brent is joined by Dr Richard Denniss, Co-CEO and Chief Economist of the Australia Institute and author of the essay More Fool Me: How the gas industry tricked Australia. We pull back the curtain on how successive governments have essentially given away billions of dollars worth of our natural gas to foreign multinational corporations for free—and how we can finally fix it.
The Global Contrast: Why resource-rich nations reap massive national wealth when energy prices spike, while everyday Australians are punished with higher electricity costs.
The Great Giveaway: How multinational companies are allowed to extract Australian gas without paying for the resource itself.
The Tax Dodge & Public Poverty: Why the loss of revenue creates a manufactured feeling of national poverty, leaving us told there's no money for schools and hospitals.
The Long Con: How the gas industry convinced politicians and the public to feel grateful for their presence instead of demanding a fair share.
If you want to understand the economics behind Australia's energy crisis, this is an absolute must-listen.

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