House debates

Wednesday, 25 October 2017

Questions without Notice

Energy

2:09 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

I thank the honourable member for his question. Australians are all too aware of the alternative, because it is a Labor Party committed to more expensive and less reliable energy. That is the consequence of their policies and we don't need to theorise about it; we know exactly what Labor's policies have done. Australians are living with higher electricity prices and less reliable electricity because of Labor policies, and none more so than the people of South Australia where the policies were taken to their natural culmination, with completely unreliable power and the most expensive power in Australia.

It's not just, of course, the cost of power that impinges on Australian families and Australian businesses. What about tax? What about the 3½ million Australians who work for companies and businesses that are benefitting from our enterprise tax cuts? What about them? Today I was out at a bakery in Sutton—a family business, a husband-and-wife business—with Nick and Louise, and they said they had built their business out of the earnings from their own business. They built it up from a small business in Fyshwick, expanded it, and now they've moved to Sutton. They have 60 employees. It's not a big business in terms of turnover, but there are 60 jobs there. What they will have now, as a result of our policies and our legislation, is more money after tax to keep putting back into that business, to grow it and to employ more people. That's what they will be able to do.

Mr Hill interjecting

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