Senate debates

Wednesday, 14 March 2012

Questions without Notice

Carbon Pricing

2:19 pm

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

Well, when will the senator come clean to South Australians with the increased tax he is going to whack Australian households with to fund his climate plan which will not work? When will he come clean on that?

The Treasury modelling projects the economy of South Australia to grow by 23 per cent to 2020 alone and by 108 per cent by 2050, with employment increasing by 2020 with a carbon price—something those opposite simply do not want to hear. With a carbon price we can still have more jobs, more income, and grow our economy. The senator would perhaps do well to look at his party's position when it comes to blocking tax cuts for small business, including South Australians, and the company tax cuts, including South Australians. He would do well to consider the opposition's position on this.

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