House debates

Tuesday, 19 June 2012

Questions without Notice

Carbon Pricing

2:15 pm

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

In doing this, there is an impact on the price level in the economy, and that is why we are providing additional assistance to households and also additional assistance to industry. We do recognise that. But this is a fundamental reform to build the resilience of the Australian economy for the future. In the same way that the great reforms that were put in place in the eighties and the nineties have contributed to our resilience today, this is a reform which will do this tomorrow. This will build the strength in our economy by driving the investment that is required in energy efficiency as well as in renewable energy.

Those opposite want to run around the country exaggerating its impact. They do not care about the impact of this; they just care about the politics. They want to run a scare campaign which bears no relationship to the facts. The fact is that the Leader of the Opposition—

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