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

I thank the member for Nicholls for his question. I think this is the first one he has asked of me since his election. I congratulate him on his election, and I wish him well on a personal level. Can I say, when it comes to thanks, though, that all members in this chamber had an opportunity last December to decide whether they were in favour of higher energy prices or lower energy prices. We on this side were in favour of lower energy prices. Those opposite voted for higher energy prices.

You don't have to listen to people just inside this chamber. AGL know a bit about the business. They put out their statement to the stock exchange for their half-yearly results for 2022-23. A statement to the Australian Stock Exchange is a very serious document. They said this:

Notably, the impact of government intervention contributed to a sharp decline in forward electricity prices …

That's what they had to say. That's what's going on. AGL CEO Damien Nicks is then quoted in the West Australian today as saying:

… the National Energy Price Relief Plan has contributed to a reduction in wholesale electricity forward prices from historically high levels …

That's what the people on the front line are saying.

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