Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

What we have is yet another example of just how shallow the shadow Treasurer is. By the day he gets more hollow. We have been very clear about what we are doing in pricing carbon. Of course the price is paid by the 1,000 largest producers and of course there will be price impacts. That is why we have said every single cent will go to households and will go to industries and will go to programs to drive renewable energy. Every single cent will go in that direction. But there is no credibility left on that side of the House, not when it comes to the shadow Treasurer and not when it comes to the Leader of the Opposition.

The shadow Treasurer was once a believer in a price on carbon, but his situation has got so bad he now has to write performance appraisals for the Financial Review saying how good he is, because he has become a hollow man. There is no alternative policy on that side of the House.

See this speech in context