House debates

Tuesday, 19 October 2021

Questions without Notice

Economy

2:30 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Leader of the Opposition) Share this | | Hansard source

My question is again to the Deputy Prime Minister and Minister for Regional Development. I refer to his previous answer regarding the modelling of net zero by 2050 on regions, in which he said, 'It has an impact on the price of commodities.' What is that impact?

2:31 pm

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

It's quite obvious that, if the world is going where it is going—and I think even the member—

Opposition Members:

Opposition members interjecting

Photo of Tony SmithTony Smith (Speaker) Share this | | Hansard source

Members on my left!

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.

Photo of Tony SmithTony Smith (Speaker) Share this | | Hansard source

Is the Leader of the Opposition seeking to table a document?

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Leader of the Opposition) Share this | | Hansard source

I'm asking that the Deputy Prime Minister table the modelling that he was referring to in his answer.

Photo of Tony SmithTony Smith (Speaker) Share this | | Hansard source

You can't make that request. You can do it by way of a question. You can only ask for him to table a document he was reading from, and he wasn't reading from any document.