Senate debates

Tuesday, 13 November 2018

Questions without Notice

Electricity

2:36 pm

Photo of Matthew CanavanMatthew Canavan (Queensland, Liberal National Party, Minister for Resources and Northern Australia) Share this | Hansard source

As I outlined, we understand that keeping a strong manufacturing industry in this country relies on us having competitive energy prices, and the thousands of jobs in that industry rely on affordable energy to survive. To demonstrate how important this issue is to our economy, you just have to look at South Australia, where currently electricity prices are some of the highest in the world. They are sitting at around 47.8c per kilowatt hour. South Australians are paying more for electricity than Latvians, at 25.6c per kilowatt hour; Estonians, at 23.4c per kilowatt hour; Romanians, at 21.2c per kilowatt hour; and Hungarians, at 19.3c per kilowatt hour. That is not good enough and that has to change. It's the result of renewable energy targets being forced on South Australian consumers. And now we have a Victorian government wanting to do the same. They're seeing that South Australia has done this to their economy: 'Let's have some of that too.' That's exactly the approach of Daniel Andrews, and it's going to fail in Victoria, just as it has failed in South Australia. We need to get back to the job of providing reliable power to all Australians.

Comments

Tibor Majlath
Posted on 15 Nov 2018 3:51 pm (Report this comment)

As usual the member is comparing the price of 1 kwh across different taxation systems with varying network charges and environment protection costs.

The member fails to mention the biggest fraction of energy bills has been network charges which continue to increase without any respite.

He also fails to address the fact that residential consumer prices for electricity have long exceeded the industrial prices in Europe not just in Australia. This widening gap in Australia was one of the IPA's wishes in the privatisation of the energy network.

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