Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

Firstly, everything that Minister Hunt has said in relation to this matter is absolutely right and the government stands by Minister Hunt's accurate assertions in relation to this matter. Secondly, we stand by the Treasury modelling, which indicates that an average household will be about $550 a year better off as a result of scrapping the Labor-Greens carbon tax. Thirdly, and finally, the ACCC already has general powers in relation to price gouging, including dealing with misleading representations across all sectors of the economy. But of course I know that Senator Milne would be very well aware of this. This is just part of a deliberate strategy by Labor and the Greens to keep alive for a bit longer a tax that the Australian people have voted to get rid of and that the Australian government is determined to get rid of.