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

I will take the question, anyway, because I am very happy to answer it, but this is about the bill that is already before the chamber. If the senator had taken the time to rock up to the committee stage today I actually answered that question specifically on a number of occasions.

How pathetic from the opposition. All they can do on this important economic and environmental reform is rock up with the Australian and ask questions from it. You should be able to do better than that. I answered the question in detail and I am happy to read the same answer. It is also in the statement that Minister Combet put out earlier today. It said:

The fact is that a highly-efficient methanol producer like Coogee Chemicals is likely to end up with no net carbon price liability under [the government's] industry assistance arrangements, so they will not be at any disadvantage compared to their international competitors.

On the basis of information provided by the company, due to the expected efficiency of the proposed new facility, Coogee Chemicals would be entitled to more than 100 per cent of its carbon price liability in the form of free … permits.

Let us get the facts on the table, as opposed to this scare campaign.

But I remind those opposite, because there is this continuing misinformation in their campaign.