House debates

Monday, 17 September 2012

Questions without Notice

Carbon Pricing

2:16 pm

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

I am referring to the carbon price and the fact that the overall impact of the carbon price is 0.7 per cent, less than 1c in every dollar. The government have been up-front. We indicated what the impact would be on household electricity bills. We said all of those things, but that did not stop those opposite coming into the House and predicting doom and gloom. They said it was going to be a wrecking ball; it was going to wreck the economy. That has not happened. They have been walking back from that week after week. You can see the air coming out of that fear campaign. You can see it virtually evaporating, much to the chagrin of all of those opposite.

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