Pauline Hanson, the leader of One Nation, announced a comprehensive gas policy in Adelaide aimed at maximizing Australia's resource wealth while ensuring energy security for ordinary Australians. The policy rejects a proposed 25% export tax in favor of a new levy and the establishment of a sovereign wealth fund modeled after Norway's Government Pension Fund Global. Hanson criticized the current government for failing to secure a fair return from the gas sector, stating that ordinary families are not benefiting from the country's vast resources.

The proposed policy includes a 'partnership model' that offers a 30% rebate on oil and gas exploration in Commonwealth waters and allows the government to take a 30% equity stake in production licenses. This approach aims to enhance domestic supply and stimulate economic growth while ensuring that profits are directed towards local priorities such as energy generation and fuel refining. Hanson emphasized the need for private sector expertise in gas production and dismissed calls for a rigid gas reservation policy, arguing that it could undermine project viability. The proposal comes amid rising debates on balancing export earnings with domestic energy security.