Angus Taylor (Hume, Liberal Party, Minister for Energy) Share this | Hansard source

I thank the member for Fairfax for his question and I acknowledge the hard work he does to get a fair deal on energy for his constituents. He knows that this week the government has cracked down on the sneaky late payment fees that are being charged by the big energy companies—big energy companies that those opposite have been defending. The rule change that we've submitted to the AEMC will see 25 per cent of customers and 59 per cent of vulnerable customers who fail to meet strict discount conditions given a fair deal. They will be charged only reasonable costs, and this will save an average household in the member's electorate in South-East Queensland $500 or more.

I was asked about alternative approaches. Modelling released today by a former economic adviser to the Hawke and Keating governments shows that Labor's reckless 45 per cent 2030 emissions reduction target will have the following impact.

Mr Conroy interjecting—

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