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

What I was saying is that Treasury has modelled this package and that modelling has been used to advise Australians that the expected price impact, the CPI impact, is 0.7 per cent. What the Leader of the National Party fails to understand is that a key part of the compensation mechanism here is the indexation of benefits that Australians receive, including family payments and the pension. Of course, CPI rises make a difference to that indexation. The Leader of the Opposition wholly fails to understand the model of carbon pricing and the opposition has been wholly misrepresenting the modelling of the Centre for International Economics. I would say again to those opposite that we have seen these claims about carbon pricing all made before. Firstly, claims about astronomical price rises are completely untrue. Then we had the Leader of the Opposition claim the coal industry was going to shut down, only to be mugged the next day by the fact that the biggest investment into a coal company in the nation's history happened and he had been standing at that mine the day before. We have seen ridiculous claims about job losses and we have seen the hypocrisy of the opposition refusing to support the jobs of steelworkers. We have seen false claim after false claim after false claim, and it is clear from the first two questions from the opposition today that the false claims will continue, because the opposition is absolutely locked in a mode of just saying no.

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