Event Brief
Hanson proposes flat royalty for new gas projects
Filed: May 21, 2026 at 5:03 AM ET
Summary: One Nation leader Pauline Hanson proposes replacing the PRRT with a flat royalty on new gas production.
WHO: Pauline Hanson and One Nation
WHAT: Proposed replacing the Petroleum Resource Rent Tax on new gas projects with a flat royalty on production and allowing the Commonwealth to buy equity stakes in future drilling projects.
WHEN: May 21, 2026 at 4:41 AM ET
WHERE: Australia
WHY: To ensure taxpayers receive a fairer return on natural resources and encourage more exploration.
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