Senate debates

Thursday, 18 August 2011

Questions without Notice

Carbon Pricing

2:04 pm

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

In relation to the assertion about jobs to be lost, I would make the point that, in fact, the modelling shows employment in Victoria actually growing over the period. The reference to 23,000 jobs is a change from the reference case figure, not an actual change in employment, which is clearly not what the senator put in his question. Mr President, if the senator wants to get into an argument about modelling, I tell you what: I would back the Australian Treasury, who used to advise Mr Costello, who is one of the good senator's great heroes, in relation to the budget, in relation to the budget forecasts and in relation to the Intergenerational report, all of which show employment continues to grow under a carbon price—

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