Federal Politics

Eryk Bagshaw

Eryk Bagshaw is an economics reporter for the Sydney Morning Herald and The Age, based in Parliament House

Australian National University Chancellor Gareth Evans.

'We might wake up and find the peasants are revolting'

"Every now and then I just wonder whether this was a gathering of the Ancien regime and that we are all eating cake at Marie Antoinette's party," says Varghese. "One day we might wake up and find the peasants are revolting."

The LNG plant at Gladstone in Queensland.

Australia falls behind Cameroon, Burkina Faso on tax

Australia is set to become the world's largest exporter of gas but its level of resource tax transparency falls behind Burkina Faso, Cameroon and Mongolia, a new global report has found, as the country forfeits billions of dollars in tax to multinational mining giants.