Senate debates Questions without Notice

Emissions Trading Scheme


Penny Wong

Penny Wong SA, Australian Labor Party, Minister for Finance and Deregulation

2:37 pm

The government has put together a substantial amount of assistance in the jobs and competitiveness package very much having regard to those industries that are trade exposed. There is a substantial amount of assistance for industries which are emissions intensive and trade exposed through the provision of free permits, which will significantly alleviate the effect of a carbon price. The good senator also asked about jobs in South Australia. I would say to him this: the coalition's policy is to drastically cut and end continued support for the car industry, which, as he knows, is very important to the economy of South Australia.

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