With Australia heading into a pivotal federal election in 2025, the nation’s energy market is at a crossroads. For workers, investors and companies in the oil and gas sector, the outcome will directly influence policy direction, project approvals and future job creation. As global majors pivot away from renewables and political narratives shift, traditional energy is back in the spotlight.
Why This Election Matters More Than Ever
Australia’s energy mix is under pressure from all angles: rising domestic gas demand, export obligations, infrastructure constraints and political uncertainty. With the energy sector contributing significantly to national revenue and employment, any change in government will have a domino effect across the industry.
Coalition: Support for Traditional Energy and Nuclear Ambitions
A Coalition victory could signal a policy reset. Their key proposals include:
- Reclassifying gas as a “critical mineral” to unlock access to the $4B Net Zero Fund
- Fast-tracking project approvals for gas and LNG developments
- Exploring nuclear energy options at decommissioned coal sites
- Advocating for east coast gas reservation to ease pressure on prices
These moves would likely bolster confidence in traditional oil and gas investments, keeping Australia competitive in LNG exports while aiming to protect domestic supply.
Labor: Steady Commitment to Clean Energy Transition
If Labor holds government, expect a continued focus on:
- Expanding renewable energy infrastructure (wind, solar, storage)
- Enforcing stricter environmental review processes on oil and gas projects
- Promoting clean energy jobs and skills training
This pathway leans into long-term decarbonisation targets and positions Australia as a global climate leader. However, it may also delay some upstream projects and put added scrutiny on exploration approvals.
Hung Parliament: A Wildcard for the Energy Sector
Should no party achieve a clear majority, power could shift to the Nationals or independents. A hung parliament would introduce uncertainty but may also slow drastic regulatory shifts. The Nationals’ support for coal and domestic gas could shape a more conservative stance on energy policy.
What This Means for Oil and Gas Jobs
No matter who wins, the energy workforce will remain front and centre. Key trends to watch:
- Increased demand for project delivery roles in LNG and gas infrastructure
- Rising need for regulatory and stakeholder management professionals
- Pressure on regional workforce strategies to meet project demand in WA and NT
Australia’s 2025 federal election won’t just choose a government, it will help define the nation’s energy identity for the next decade. For the oil and gas sector, the result will either accelerate, stabilise or redirect the path ahead.
At Enxgy, we’re here to help talent and companies prepare for all outcomes. Stay connected for insights, opportunities and real talk on where the industry is heading.
