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

The government have been completely upfront with Australians about there being an impact on prices as a result of the CPI increase of 0.7 per cent that the carbon price will give effect to—an amount which is significantly less than the impact on the CPI of the GST, which I am asked about, when it was first put in place. These factors are what have driven the calculation of the government's assistance package, which we have gone through ad nauseam in this place. They include the fact that nine out of 10 households will receive some assistance through tax cuts and/or payment increases. Almost six million households—that is, two out of three—will get tax cuts or increased payments that will cover their entire average price impact.