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

That is a range of assertions which are not correct. The reality is, as Treasury has advised us, we can increase the size of the economy, we can grow the economy, increase the number of jobs in Australia, increase our incomes and put in place a carbon price to ensure that emissions fall from what they otherwise would be. I know Senator Cormann does not like to hear the facts in this debate. I know he wants to simply come in and run the same set of diatribe that we heard in that question. That has been the consistent position since Mr Abbott took over. There is no policy on the other side. The only policy they have—and this is what is extraordinary—is a policy that is supposed to achieve the same environmental outcome at a higher cost to business. What would that do for jobs? It would put more costs on the back of Australian business. That is what your policy would do. There would be more costs on business. (Time expired)