House debates

Tuesday, 26 August 2014

Questions without Notice

Carbon Pricing

3:06 pm

Photo of Greg HuntGreg Hunt (Flinders, Liberal Party, Minister for the Environment) Share this | Hansard source

I particularly thank the member for Lyne, who is not just a successful GP and not just a successful Pollie Pedaller but, more than anything else, he is a successful representative of the families and pensioners of Lyne, because he voted to repeal the carbon tax and bring benefits to families. And, guess what, those benefits are already flowing to families. We said that there would be electricity savings of, on average, nine per cent and gas savings of, on average, seven per cent. Somebody doubted that this would actually happen. Let me take the House to ABC AM on the morning of the carbon tax repeal, 17 July 2014. The interviewer says, 'But Labor predicts the savings will not match the government's expectations,' and then somebody else says, 'Well, do Australians really believe they are going to see back all the money which Tony Abbott alleges the carbon price cost them?' That somebody was the Leader of the Opposition. And the answer is yes—because those savings are already flowing.

Since the carbon tax repeal, there have been over 100 determinations of price reductions by different firms, in different states, for gas and electricity. Let me give some examples. In the member's own state of New South Wales, residential customers with Energy Australia are going to receive an 8.9 per cent price reduction in their electricity bills because of the repeal of the carbon tax. If they are with Simply Energy, they are going to receive a 10 per cent reduction.

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