House debates

Thursday, 1 December 2022

Questions without Notice

Energy

2:25 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

on gas and coal prices. There are some advantages that Australia has in terms of the revenues that have been increased, which were reflected in the budget that was brought down in October. But that global response has had an impact here. It's had an impact here because we hadn't reserved domestic gas except in Western Australia, where the Carpenter government showed vision well in advance, of course opposed by the Liberal Party. We are suffering from an exposure to international prices as a result of a failure to create an environment which encouraged investment here in our new energy sources. That's why we had four units of energy leave for everyone one unit that was created. (Time expired)

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