House debates

Wednesday, 27 October 2010

Questions without Notice

Electricity Prices

2:23 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

Yes, Mr Speaker, I was explaining that fundamental economic reform is, of course, tomorrow’s prosperity. It is the key to sustainable growth; it is the key to lower inflation. A price on carbon is part of the fundamental reforms that we require such as the investment in superfast broadband. So fundamental reform is the key to sustainable growth and it is the key to achieving inflation outcomes that are consistent with our objectives. Today, we have seen some commentary from the former Prime Minister Mr Howard. We have also seen some commentary from the former Treasurer Mr Costello. There is one thing that they agree on: that the populism of those opposite is a trashing of their economic reform record.

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