The Australian Greens have proposed a 25% tax on all gas exports. They want domestic gas supply to be prioritised to tackle a looming gas shortfall predicted by 2028. The Greens recently reached an agreement with the government on nature law reforms but refuse to back any new gas fields. They say enough uncontracted gas is already exported to cover future shortfalls. The Greens aim to replace the petroleum resource rent tax with this new 25% export tax, calling the current tax ineffective due to "massive loopholes." Greens senator Steph Hodgins-May said, "Gas corporations have created a 'crisis' that Australian households have had to pay for. Government and industry lies are quickly unravelling. We don’t have a gas shortage, we have a gas export problem." She warned, "If Labor brings forward an option that incentivises new gas and hands more rewards to the corporations that have been ripping off Australians, they won’t have the support of the Greens." In other news, home prices across Australia keep climbing. Data from Cotality shows that in November, median home values hit $888,941 after rising 1%. This growth follows strong gains in October (1.1%) and September (0.8%). Sydney’s price rise slowed to 0.5% in November, down from 0.7%, while Melbourne’s growth dropped to 0.3%. Brisbane became the second city with a median home price above $1 million. Despite three interest rate cuts totaling 75 basis points since February, buyers have not felt the benefit. Tim Lawless, Cotality’s research director, explained that though rate cuts increased borrowing power by $55,000, home prices grew by $60,000, wiping out gains for buyers. Renters face worsening conditions too. Rents have risen in every capital city, with the national rental index up 5% over the past year — the biggest annual increase in a year. This economic backdrop adds pressure on Australian households as the Greens push for more regulation on gas exports and call for urgent action to keep energy affordable.