With the 2025 Australian federal election fast approaching, polls suggest a real possibility of a hung parliament. If no party wins a clear majority, independents or minor parties could hold the balance of power and with that, significant influence over the nation’s energy future.
Why a Hung Parliament Matters for Energy
Energy policy has become one of the most polarising topics in Australian politics. A hung parliament could introduce uncertainty across the industry, delaying key decisions and blurring the direction for investment in both traditional and emerging energy markets.
The result? Projects may slow, regulations could stall and businesses may hesitate to commit capital amid shifting political winds.
Key Players to Watch
The Nationals:
If the Coalition needs to negotiate with the Nationals, expect stronger support for:
- Domestic gas production
- Coal-fired generation
- Opposition to emissions targets that limit fossil fuel development
Teal Independents:
If Labor requires support from climate-focused independents, we could see:
- Tighter environmental regulation
- Reduced public support for new oil and gas projects
- A stronger push for renewable-only investment
Greens:
Should the Greens gain more influence, their platform includes:
- Ending fossil fuel subsidies
- Phasing out new gas and oil developments
- Accelerating the clean energy transition
Impacts on Oil and Gas
A hung parliament could trigger:
- Delays in upstream approvals due to political negotiation or deadlock
- Increased lobbying from both industry and activist groups
- Reduced investor confidence in long-term LNG, exploration and infrastructure planning
While a clear policy pathway becomes less certain, companies and talent must prepare for more complex operating environments.
Workforce Considerations
For professionals in the energy sector, a hung parliament may:
- Delay hiring decisions tied to major project milestones
- Increase short-term contract demand as companies avoid long-term commitments
- Require greater adaptability in navigating regulatory changes and approvals
How Enxgy Can Help
In uncertain markets, staying informed is your best advantage. Whether you’re an operator adjusting to policy shifts or a candidate exploring where the industry is heading next, Enxgy is here to guide you through the changes.
