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

It says:

Futures markets now suggest that wholesale electricity and gas prices will be lower in 2023—

That's now—

and 2024 than previously expected …

Over this year and next—

Opposition members interjecting—

It's not just them. Clare Savage told Senate estimates yesterday: 'In December the National Cabinet announced an agreement for significant interventions in the wholesale gas, coal and electricity markets. We've seen futures markets fall materially since that time, and we think that will mitigate.'

An opposition member interjecting

That's what they had to say. The New South Wales Premier—maybe you can interject on him too!—said: 'I'm a free market guy and also a practical guy. The fact you say I'm a free market guy and I'm supporting it must say something. It's states and territories working with the Commonwealth government. Everyone at National Cabinet is on a unity ticket.' Matt Kean, the New South Wales Treasurer, said this: 'We're not on the side of energy bosses. We're on the side of consumers and businesses.' That's what Matt Kean had to say in drawing a distinction between the two sides of this chamber.

I say to the member who asked the question: you would have more credibility if you had voted for energy price relief and hadn't opposed the $1½ billion we will provide.

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