House debates

Thursday, 14 June 2007

Appropriation Bill (No. 1) 2007-2008

Consideration in Detail

12:09 pm

Photo of Chris BowenChris Bowen (Prospect, Australian Labor Party, Shadow Assistant Treasurer) Share this | Hansard source

At the moment the ACCC does informal price monitoring. Let us be clear. The parliamentary secretary is taking the opportunity to use a terminological inexactitude which he very well knows is misleading the House. The ACCC does an internet search of petrol pricing. The ACCC puts petrol prices on its website. It does a good job at that. The Australian people do not need a website to tell them that petrol is expensive. What they need is the ACCC to have the power to get documents to examine petrol pricing and to have the power to formally subpoena people to provide evidence on petrol pricing under section 95ZE of the Trade Practices Act. The parliamentary secretary has confirmed that he has the personal authority to do it; can he confirm that he declines to write to the Chairman of the ACCC under section 95ZE of the Trade Practices Act?

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