House debates

Tuesday, 2 August 2022

Questions without Notice

Energy

2:12 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

The fact is that those opposite knew that power prices were going up but they kept Australians in the dark. That's what they did. They knew about the price increase in March. They hid the increase in the default retail price for electricity, which for a small businesses in New South Wales increased by up to 19.7 per cent—in New South Wales alone. This is what our policy is aimed at—and we completely stand by the modelling that we put out by RepuTex. It showed—and this isn't a difficult concept—renewables are cheaper; if you have cheaper energy inputs, you get cheaper prices. RepuTex modelled the impact of Labor's plan on rewiring the nation, our plan on other elements of the grid, including using the safeguards mechanism that was established by the Abbott government when they were in government—

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