Wollongong · Sydney · Australia
Australia's Watchdog
Independent
No ads. No masters.
The Drain · Lead investigation · Fig. 01

Australia is being siphoned

Every figure here is read from a filing, an ATO report or a regulator's own words. Nothing is estimated. Follow a dollar and it will name the company, the regulator and the year.

Lead investigationFour rises in 2026On 29 September 2026 the Reserve Bank raised the cash rate to 4.60 per cent, unanimously: its fourth rise this year and the highest rate since 2011. Its reasons put a war and oil prices first. Its answer is to keep demand “subdued for a period”. This is the…The Inflation Rort · 29/09/2026Read it →
Gas revenue foregone · since 2022/07/01
A$68,017,708,800
▲ ~A$537/sec · Punter's Politics / Rort tracking, since 1 Jul 2022
97
Investigations
92
Entities tracked
0
Structural break-ups
No tax backSome tax backPublic reserve · 62% depleted
Fig. 01 / The drain, as sourcedA$bn per year
Hover a conduit for what it takes and what comes back as tax

What a conduit is. A sourced flow of wealth out of the public’s hands, sized and paced by the money it takes. 4 of the 11 leave the country; the other 7 stop closer to home, at shareholders, property investors and the firms. Leaving the public purse is the point — leaving Australia is only sometimes true.

This is the money. Eleven sourced conduits carrying wealth out of public hands, sized and paced by what they take. It is not the whole archive: most rorts on this station turn on a date, a vote, a certificate never issued or a threshold quietly lowered. Those are on THE TAKE.

Fig. 01Source: drains.json · 11 sourced conduits · width and pace ∝ A$bn/yrAs of 2026‑07‑06Hand-curated
Independent · No ads · No masters · If it's a rort, we cover it
Submit a Tip →
Engine DΛREΛKT_Contract site.therort 1.0.0Core 94216cc946eeBuild 2026-10-01T11:29:53Z