Mathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

Ho, ho, ho! Merry Christmas! Ho, ho, ho! Last week, the question was about our overall energy policy, and our overall energy policy has indeed been refined after the recent change in prime ministership. But, when it comes to the giant-stick legislation, we've been going through a proper process of consultation with stakeholders and we have now finalised that legislation. Under that legislation, divestiture court orders can only be made where a corporation's conduct is fraudulent, dishonest or in bad faith for the purpose of distorting or manipulating prices and where the order results in a net public benefit. My question to the Labor Party is: will you really stand in the way of such a power? Are you really going to stand in the way of a giant stick to ensure we can keep electricity prices down? (Time expired)