Senate debates

Monday, 7 November 2011

Questions without Notice

Carbon Pricing

2:40 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

As I said, the budget impact is set out in the fiscal tables associated with the EM. You will see in those, Senator, and I think we were discussing them in the chamber, both the impact on the UCB and the fiscal balance. I am happy to read them all out if you want. This is inclusive of government measures, because we of course have separately costed those which were the MPCCC measures. The fiscal impact, which is table 3, is 4,424 over the forwards—that is, 2,940, 1,061, 1,607 and 938 over the forward estimate period. The UCB impact—this is the MPCCC plus government measures—is 2,907, 558, 701 and then a positive 32, which is a total impact of 4,134. They are in table 3 and table 4 of the fiscal tables in the EM.

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