Simon Birmingham (SA, Liberal Party, Assistant Minister for Education and Training) Share this | Hansard source

I can confirm that the report did identify that the $550 saving on average per year is genuine. It includes direct savings passed through to customers by electricity and natural gas retailers which range from $153 to $269 per household, as well as savings across a number of other sectors such as synthetic greenhouse gases, landfill, council rates and charges, food manufacturing, water charges, aviation fuel, liquid petroleum gas for non-transport use and off-road transport costs—a range of savings that are passed through the supply chain right across the economy to Australian households and businesses. Local councils are among some of the largest winners, with around $100 million of carbon tax charges to be returned to local councils and to be used to further help reduce Australia's emissions. Those councils will pass their savings through in further investment or through council rate reductions to their households. (Time expired)