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[OPINION]

Briefing: Australian governments subsidising fossil fuel use by more than $30,000 a minute, analysis finds

Strategic angle: Australia Institute data reveals a 10% increase in state and federal subsidies for fossil fuels, outpacing funding for the NDIS.

Editorial StaffMarch 11, 20261 MIN READ

Recent data from the Australia Institute indicates that state and federal subsidies for fossil fuels, including coal, gas, and oil, have risen significantly.

The current subsidy rate stands at over $30,000 per minute, highlighting a concerning trend in resource allocation.

This increase of 10% in subsidies over the past year is occurring at a faster rate than funding for the National Disability Insurance Scheme (NDIS), raising questions about priorities in infrastructure investment.