Senate debates

Monday, 4 July 2011

Questions without Notice

Carbon Pricing

2:40 pm

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

I would also make the point—and the senator knows this because he has asked me similar questions on carbon pricing over many years—that obviously the effect of a price depends, amongst other things, on the level of that price, and the government has not yet announced what that will be. In relation to the automotive sector, this government has ensured that the new Car Plan will deliver about $5.4 billion to the automotive sector in recognition of the importance of that industry and the need to invest for the future.

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