Senate debates Questions without Notice

Carbon Pricing


David Bushby

David Bushby Tasmania, Liberal Party

2:11 pm

Mr President, I ask a supplementary question. Is the minister aware that investment analysts in Asia, such as JP Morgan, Credit Suisse and so on, are advising a four to five per cent fall in net profit, after tax, as a direct impact of your carbon tax on Australian diversified miners and that, without assistance, two aluminium smelters in Victoria will close, even at a carbon tax price of $10 a tonne?

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