The fact that Australia consumes more oil than it produces leads to a reliance on imported energy. The implication for the future lies in the fact that Australia is faced with the challenge of finding a way to maintain sufficient energy sources for citizen usage as well as for industrial uses, and to keep the prices down to a point that they are affordable. What this means is that Australia needs to develop new energy avenues (and they have several of them available) in order to preserve their economic stability while maintaining their ability to use those items that require fuel.
Currently, Australia has the world's largest Uranium reserves, but they use this resource only for electricity. They currently do not use it for nuclear power at all because there is still a stigma associated with nuclear energy there is a perception that the dangers outweigh the benefits. Used properly, nuclear energy is a powerful, safe, and clean energy source, but taking away the stigma that has been attached to it and making the people as a whole feel confident that it is a safe alternative is going to take time.