House debates

Wednesday, 16 August 2006

Tax Laws Amendment (Repeal of Inoperative Provisions) Bill 2006

Second Reading

11:08 am

Photo of Joel FitzgibbonJoel Fitzgibbon (Hunter, Australian Labor Party, Shadow Assistant Treasurer and Revenue) Share this | Hansard source

Thank you, Mr Deputy Speaker. If the Prime Minister devises an energy plan that focuses on just one policy, instead of taking up Labor’s blueprint, which focuses on a wide range of fuels, what will happen? It was funny when the Minister for Industry, Tourism and Resources raised the question of supply and demand rather incorrectly yesterday during question time. What will happen is that demand for LPG will rise. And what will happen then if supply cannot increase because of capacity constraint? There are only so many converters and LPG tanks in the country. Of course, the member for Rankin, who has a PhD in economics, knows, and he learnt this in economics 101, I am sure—

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