Senate debates

Wednesday, 9 November 2011

Questions without Notice

Carbon Pricing

1:59 pm

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

I have been clear that there will be an increase in prices. We have indicated that. The Treasury modelling indicates that. We have been clear: food will increase by less than 0.5 per cent—on average $1 per week; electricity, $3.30 per week—on average 10 per cent; and gas, around $1.50 per week—on average nine per cent. The government will also be providing tax cuts: a tripling of the tax-free threshold—also to be opposed by the opposition, also to be wound back by the opposition, just as the opposition will be opposing and winding back the increase to pensions, the increase to disability support pensions—

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