Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

He said:

They share infrastructure, they share the same water resource—is it practical that we have two different companies running those power plants?

Well, of course, if you want to make sure there's less competition, you certainly wouldn't want them being run by two different companies.

It is extraordinary to see the member for Hunter and the member for Shortland, who represent all of these workers in the power industry and all of these workers in the coalmining industry, becoming these extraordinary apologists for AGL—a company that they know is the prime beneficiary of tight supply of power. The honourable member for Isaacs obviously can't read his own electricity bill, let alone anyone else's.

You know, what we have succeeded in doing is bringing down gas prices. And wholesale electricity prices are starting to come down because gas has come down. So the actions my government is taking are putting downward pressure on prices. What we're looking out for are actions by big generators in shutting down plants which would have the same effect as the closure of Hazelwood did. So this is no more than prudent government, looking after the interests of Australians, as opposed to looking after the shareholders of big energy companies.

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