Senate debates

Thursday, 16 June 2011

Bills

Tertiary Education Quality and Standards Agency Bill 2011, Tertiary Education Quality and Standards Agency (Consequential Amendments and Transitional Provisions) Bill 2011; In Committee

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

The Treasurer has provided the following answer to the honourable senator's question:

Treasury is updating its economic modelling of the effect of a carbon price on the economy to inform the Australian Government’s decisions regarding the detailed design of the carbon price framework. The results of that modelling will depend upon the detailed design of the framework. The Australian Government has announced that it intends to release the modelling upon its completion, in order to further inform the community about the expected transformation of the Australian economy from pricing carbon. Lake Eyre Basin

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