Julia Gillard (Lalor, Australian Labor Party, Prime Minister) Share this | Hansard source

The Treasury modelling is accurate in showing the macroeconomic effects of carbon pricing, and I am referring him to those macroeconomic effects. I understand that there have been debates started about modelling, including modelling at a subregional level. Modelling at a subregional level is not reliable, and Treasury makes that point very strongly indeed. So I say to the member for Dunkley, who may, like other members of the Victorian community, have seen some misleading results in their newspapers, that we stand by, and people should rely on, the Treasury modelling.

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