A breakdown of the economic holes in One Nation’s "policies".

General

If you look past the slogans, the actual numbers and logistics of One Nation's current platform don't stack up. Here are the five biggest logical gaps in their policies.

  1. The Income Splitting Revenue Hole

They propose a massive tax cut by allowing couples to split their income (saving families ~$9,500/year). While this sounds good, they offer no mechanism to fund it. You cannot claim to be "fiscally conservative" and against debt while simultaneously slashing federal revenue by billions of dollars. Unless they plan to cut schools, hospitals, or defense by an equal amount, this policy blows a massive deficit in the budget.

  1. The $90 Billion "Waste" Myth

One Nation claims they can save $90 billion by cutting "departmental waste" and withdrawing from UN agreements. This figure is arbitrary. Administrative costs are a fraction of the budget; the real money is in services. To find $90 billion, you have to cut into the NDIS, the Age Pension, or Medicare. They haven't specified which services they will cut, likely because the answer would alienate their voter base.

  1. The Energy Timeline Gap

Their plan is to withdraw from Paris, keep coal running, and build nuclear. The engineering reality makes this impossible. Private companies are closing coal plants because they are old and unprofitable. Keeping them open would require billions in taxpayer subsidies—effectively socialism for corporations. Furthermore, nuclear (SMRs) won't be commercially ready until the late 2030s. Their policy creates a 10–15 year gap where coal is dying and nuclear isn't ready, leaving the grid vulnerable.

  1. The Trade War Trap

They push for "economic sovereignty" and tariffs to protect local industries. This ignores that Australia is an export nation. If we ban foreign investment or slap tariffs on imports, our trading partners will retaliate against our biggest exports: beef, minerals, and wine. You cannot protect local manufacturing by destroying the export markets that fund the economy.

  1. The Workforce Paradox

They want "net zero" immigration to fix the housing crisis. While this lowers demand, it also crushes supply. The construction, aged care, and agriculture sectors rely heavily on migrant labor. If you cut off the workforce required to build houses and harvest food, the cost of construction and groceries will spike, worsening the cost of living crisis they claim to be solving.

Posted Feb 25, 2026, 5:45 AM UTC

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