House debates

Tuesday, 4 December 2018

Questions without Notice

Energy

2:46 pm

Photo of Angus TaylorAngus Taylor (Hume, Liberal Party, Minister for Energy) Share this | Hansard source

Our reforms will crack down on dodgy practices, on the price gouging that the ACCC found rife in this sector—and it is true. You could join with us this week to pass this legislation, because the price gouging must go—the loyalty tax must go. That's why the legislation will extend to contract orders and asset divestiture, as we see in other countries. It's absolutely astonishing that those opposite are siding with the big energy companies. It must be because they want higher electricity prices, just as they want a 45 per cent emissions reduction target, a target that will be a wrecking ball through the economy, a target that will mean 105 grams per kilometre for vehicles, when Toyota Hiluxes are at 200 and Ford Rangers at 234. We are the party of lower electricity prices and a strong economy.

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