Pauline Hanson, leader of One Nation, announces a Norway-inspired offshore gas and oil policy that she says would deliver greater returns to Australian taxpayers. Across multiple outlets, the proposal centres on abolishing the current offshore gas profits tax and replacing it with a commonwealth co-ownership model for new gas developments. Under the plan, the federal government would take an equity stake—reported as 30%—in major offshore energy projects, with One Nation arguing this would increase revenue from resource wealth.
Coverage also notes Hanson frames the export and offshore tax settings as damaging to the economy, describing the 25% export tax as “economic vandalism” in the Guardian report. Several articles state the policy would be presented as part of Hanson’s broader push for greater government involvement in the resources sector, and that it follows her criticism of Australians not benefiting proportionately from offshore resources.
The proposal draws criticism and scepticism from political opponents and industry, with the Coalition and others disputing the approach and accusing One Nation of adopting ideas drawn from other countries’ models. The details of implementation are not described beyond the equity stake and tax changes described by the outlets.
