Coal and Gas giants are receiving more in government subsidies than what they pay in royalties.
Michael West Media has reported the fossil fuel industry paid 7.3 billion dollars in royalties in 19-20, and received 10.7 billion in the 20-21 sector.
The Neroli Storytelling Colvin Foundation says the Minerals Council of Australia has inflated tax and royalties payments by $45B over the past decade.