Senate debates Questions without Notice

Fossil Fuel Industry


Matthew Canavan

Matthew Canavan Queensland, Liberal National Party

2:54 pm

Minister, the Safeguard Mechanism is not free. Its costs are passed through to transport, to logistics, to groceries—to every good that is moved across Australian roads. Your own government's review found that petroleum carries the second-highest risk of investment leakage under your Safeguard Mechanism policy. So the choice your government has made is this: to tax Australian refineries, drive investment offshore and import more fuel from overseas. Can you name a single Australian who's better off because of your carbon tax?

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