Yesterday we learnt a very interesting thing. We learnt that, after all of the discussion from the members of the opposition, we would never be able to reduce electricity prices. The Tasmanian regulator has ruled that electricity prices—

An honourable member: What about Victoria?

I will come to that. The Tasmanian regulator has ruled that electricity prices will go down by 7.8 per cent in Tasmania. In Victoria, it is the same thing, because Victoria is an unregulated environment. In recent days, we have had commitment from the private sector—and if you had listened you would have got to this point—from AGL, from Origin and, indeed, from Energy Australia, that all of them would pass on the full cost savings from the carbon tax repeal as of 1 July.

Ms Butler interjecting—