Joe Hockey (North Sydney, Liberal Party, Treasurer) Share this | Hansard source

As a rule, second round impacts are not taken into account. But there are few exceptions, and one of the exceptions was when Labor modelled the carbon tax. Remember that? The carbon tax? Or is that just out of the mind? It is still on the policy platform! We remember it. The Australian people remember it. And, do you know what? We worked out through the second round a fix—a $550 saving for every household!

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