Senate debates

Thursday, 17 July 2014

Bills

Clean Energy Legislation (Carbon Tax Repeal) Bill 2014, True-up Shortfall Levy (General) (Carbon Tax Repeal) Bill 2014, True-up Shortfall Levy (Excise) (Carbon Tax Repeal) Bill 2014, Customs Tariff Amendment (Carbon Tax Repeal) Bill 2014, Excise Tariff Amendment (Carbon Tax Repeal) Bill 2014, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Carbon Tax Repeal) Bill 2014, Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Carbon Tax Repeal) Bill 2014, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) (Transitional Provisions) Bill 2014; In Committee

9:51 am

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

I thank Senator Macdonald for those questions. He is of course right—the last election was a referendum on the carbon tax. The verdict of the Australian people was very clear: they want the carbon tax gone. That is why the government is determined to deliver on our commitment to the Australian people.

In relation to electricity price determinations by the Queensland regulatory authority, I can indeed confirm that the Queensland Competition Authority has stated that electricity prices would fall by 8.5 per cent in a typical household as result of scrapping the carbon tax.

The CHAIRMAN: The question is that amendment (3) on sheet 7527 moved by Senator Singh be agreed to.

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