House debates

Monday, 19 June 2023

Questions without Notice

Cost of Living

2:09 pm

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

They will be zero, as a result of action that has been taken. That stands in stark contrast to the 22 policies announced by those opposite, of which they didn't land one—the fact that they took four gigawatts out of the system but only put one gigawatt in and the fact that they left Australia with a national energy grid that was built for the last century. They promised in 2019, including this former minister across here, the member for Hume, to reduce wholesale electricity price to less than $70 per megawatt hour by the end of 2021. That's what he promised. He promised $70. Instead, it was $286. He promised to spend $1 billion to pump an additional 3,800 megawatts of electricity into the grid, but instead guess how much he spent? Zero. Not a single watt, let alone a kilowatt, went into the system. These are the mob that masterminded a national oil reserve 14,000 kilometres away in Texas.

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