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

The default market offer could see up to 1.2 million households save up to $416, which is an ACCC measure. This is on top of the 500,000 who were moved off standing offers or expired market offers last year, which is the AER figure. And, according to AEMO, 1.8 million customers have switched, looking for a better deal, since we first took action.