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

Mr Speaker, there is not a hole in the modelling. That is the first point to be made, and we should not accept the assertions from the shadow Treasurer. The government has full faith in the federal Treasury modelling, the same people who worked for those opposite over many years and received their support over those years. They are entitled to receive it now. They are entitled to receive that because they are professional.

We have put in place a scheme which reduces carbon pollution, a clean energy package, which of course is welcomed in part by the New South Wales government. We had the Premier of New South Wales stand up with the Prime Minister only last week endorsing our Clean Energy Finance Corporation, endorsing a very important part of the package. So the New South Wales government cannot have it both ways. They cannot on the one hand endorse this $10 billion commitment and on the other shovel out bodgie modelling to discredit what is a first-class scheme which will reduce carbon pollution in our economy and make sure that we are a first-world economy predominantly driven by clean energy.

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