Angus Taylor Hume, Liberal Party, Minister for Energy and Emissions Reduction
3:24 pm
I'm awaiting the final report of the Liddell Taskforce, and I won't pre-empt the outcome of that report. Once we've received that report, we'll consider its recommendations. But we've been clear all the way along that, as generators come to the end of their natural lives, we want to see life extension or like-for-like replacement. This is all about adding in more supply to the electricity market whilst we ensure that the existing supply is managed very carefully. And we are seeing results. We've now seen four consecutive quarters of reductions in electricity retail prices—for the first time in recorded history.
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