Senate debates

Monday, 30 November 2009

Carbon Pollution Reduction Scheme Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Consequential Amendments) Bill 2009 [No. 2]; Australian Climate Change Regulatory Authority Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Charges — Customs) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Charges — Excise) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Charges — General) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (CPRS Fuel Credits) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (CPRS Fuel Credits) (Consequential Amendments) Bill 2009 [No. 2]; Excise Tariff Amendment (Carbon Pollution Reduction Scheme) Bill 2009 [No. 2]; Customs Tariff Amendment (Carbon Pollution Reduction Scheme) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme Amendment (Household Assistance) Bill 2009 [No. 2]

In Committee

8:22 pm

Photo of Nick XenophonNick Xenophon (SA, Independent) Share this | Hansard source

In relation to the matters raised by Senator Abetz I think Senator Abetz owes an apology to IPART. The Independent Pricing and Regulatory Tribunal in New South Wales is a distinct authority. The tribunal members are Dr Michael Keating, Mr James Cox and Ms Sibylle Krieger. The process with IPART is to set prices for things such as electricity in New South Wales. As I understand the process in New South Wales given its regulatory role, IPART issued an electricity issues paper in July 2009 titled Review of regulated retail tariffs and charges for electricity 2010 -2013. The media reports in the Financial Review and also in the Daily Telegraph today indicate that power bills could go up in the region of 60 per cent but, to be absolutely fair, half of that price increase is attributed to network charges; the other 30 per cent is attributed according to this report to the CPRS.

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