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

I thank the member for Blair for his question. Yesterday marked another very important milestone in securing Australia's future growth in a carbon constrained economy. We did see the passage through the Senate of the Clean Energy Finance Corporation Bill.

We on this side of the House understand that economies that will succeed in the 21st century will be those that are powered by clean energy, and of course a carbon price is the first step down that road. But we do have barriers in clean energy markets, and that is why the Clean Energy Finance Corporation is pretty important in removing those barriers to clean energy investment. The corporation will have a robust investment mandate and will be required to deliver a targeted return.

But, of course, this is a measure that was opposed by those opposite. They would prefer to run around the country with their ridiculous Rocky Horror Picture Show. On Sunday morning will be waiting for the four horsemen of the apocalypse to go down the main road of Whyalla. We know what else will happen on Sunday morning: little puppies will be crying with pain. Every time this Leader of the Opposition has looked down the barrel of a camera, he has misled the Australian people. He was at it again yesterday. We were amused to learn from 7.30 that we had had another Oscar-winning performance from the Leader of the Opposition.

Mr Hockey interjecting—

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