One Nation Unveils Gas and Oil Policy, Proposes 30 Percent Equity Stake in Energy Projects

One Nation would also replace the Petroleum Resource Rent Tax with a flat royalty.

One Nation Leader Pauline Hanson (L) and incoming member for Farrer David Farley (R) attend a press conference at Parliament House in Canberra, Australia on May 13, 2026. Hilary Wardhaugh/Getty Images

The conservative-leaning One Nation wants Australia to dramatically expand oil and gas production—and have the government directly invest in it so Australians share more of the profits.

That was the party’s message as it announced its gas policy during the Australian Energy Producers Conference and Exhibition in Adelaide on May 21.