House debates
Tuesday, 11 October 2011
Bills
Clean Energy Bill 2011, Clean Energy (Consequential Amendments) Bill 2011, Clean Energy (Income Tax Rates Amendments) Bill 2011, Clean Energy (Household Assistance Amendments) Bill 2011, Clean Energy (Tax Laws Amendments) Bill 2011, Clean Energy (Fuel Tax Legislation Amendment) Bill 2011, Clean Energy (Customs Tariff Amendment) Bill 2011, Clean Energy (Excise Tariff Legislation Amendment) Bill 2011, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment Bill 2011, Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment Bill 2011, Clean Energy (Unit Shortfall Charge — General) Bill 2011, Clean Energy (Unit Issue Charge — Auctions) Bill 2011, Clean Energy (Unit Issue Charge — Fixed Charge) Bill 2011, Clean Energy (International Unit Surrender Charge) Bill 2011, Clean Energy (Charges — Customs) Bill 2011, Clean Energy (Charges — Excise) Bill 2011, Clean Energy Regulator Bill 2011, Climate Change Authority Bill 2011, Steel Transformation Plan Bill 2011; Second Reading
9:47 am
Craig Emerson (Rankin, Australian Labor Party, Minister for Trade) Share this | Hansard source
sorry—then the cost per household would go from $720 to $1,300, because the opposition leader has ruled out linking any scheme in Australia to the purchase of permits through low-cost solutions overseas.
In rescinding the emissions trading scheme, if the opposition leader were to become Prime Minister, he would be announcing the rescinding of the trebling of the tax-free threshold as well as an increase in taxes and a reduction in pensions. The fact is that Labor's compensation package is more than adequate for most Australians. For most Australians, the average increase in the cost of living is $9.90 per week, and the compensation is $10.10 per week. This is a very important reform, and carried with it is tax reform. It is based on science and a commitment to Australia's economic future, and as trade minister and an economist I am absolutely delighted to be able to recommend these bills to the House.
No comments