Senate debates

Monday, 14 July 2014

Questions without Notice

Carbon Pricing

2:24 pm

Photo of Eric AbetzEric Abetz (Tasmania, Liberal Party, Minister for Employment) Share this | Hansard source

The question was: would the savings be passed through? I am giving the honourable senator a real life example where the savings are already being passed through in anticipation of the repeal of the carbon tax. But of course the senator does not want to hear that. She wants to scare the Australian community so midstream of my answer she has to raise a point of order hoping that that information will not get out to the Australian people.

The Treasury modelling that was undertaken by the previous Labor government said in general terms that the average Australian household will have an impost of $550 per annum as a result of the carbon tax. It stands to reason that part of that $550-impost will be higher energy prices but also costs that will be impacted on the chain on the way through. For example, one would hope that fish can now be delivered cheaper in Australia because of Qantas doing its bit. As a result, there will be cheaper prices for Australian consumers when they want to eat their fish and chips.

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