House debates Questions without Notice

Carbon Pricing

Monday, 17 September 2012 House of Representatives

Wayne Swan

Wayne Swan Lilley, Australian Labor Party, Treasurer

2:40 pm

If there have been unjustified price increases, they should be referred to the ACCC. Because, as I have said before, the overall impact on the economy is 0.7 per cent, less than one cent in the dollar. Yes, it does have a more significant impact on electricity. But, overall, in terms of our economy, price rises of that magnitude should be referred to the ACCC.

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