House debates

Tuesday, 27 May 2008

Questions without Notice

Fuel Prices

2:08 pm

Photo of Kevin RuddKevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

The rest of the paragraph I was reading from, which is part of a report written in consequence to a request delivered by the member for Higgins on the part of the previous government, provides the factual basis for the policy upon which we have proceeded.

The results are also robust to using the low points of the week’s prices rather than simple weekly average prices. Here the indicative decrease was smaller at around 0.9 cpl on average.

Those are the findings in this document of several hundred pages, and the government stands by these findings. It is on this evidentiary basis that the government has decided to proceed with this policy on Fuelwatch. We regard that as an appropriate policy setting for the future. We also have said consistently that there is no silver bullet when it comes to fuel prices and we have said it consistently, including at the time that this policy was launched. I tell you what is responsible in terms of saying to the Australian people—

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