House debates

Tuesday, 19 October 2021

Questions without Notice

Economy

2:31 pm

Photo of Barnaby JoyceBarnaby Joyce (New England, National Party, Leader of the Nationals) Share this | Hansard source

I don't know what's so funny about that. It's hilarious, isn't it? If they believe that the commodity prices, as have been stated by so many sources, especially for such things as coal—and let's note that there is a whole range of coals and calorific contents of coals and that they have different markets. Of course that does affect the price of commodities. If that is the case—and modelling, of course, is best estimation; it is obviously not written on tablets of stone—that estimation would naturally point to a change in demand which will reflect a change in price. For that reason, in the results of the modelling, which we have seen, it shows a downturn in coal commodities over time. I don't know what is remarkable about that. I understand the tactics of the Labor Party: it's to try to trip me up. But you've got to sharpen that process up a bit.

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