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

Of course the budget papers show that, under the Energy Price Relief Plan we've put in place, retail electricity price increases in 2023-24 are now expected to be around 25 percentage points smaller and retail gas price increases around 16 percentage points smaller than expected prior to the government's interventions. We partnered with state and territory governments to deliver up to $3 billion of electricity price relief for over five million households and over one million small businesses. Those opposite voted against this plan. They voted against this price relief. The companies involved have all said—to quote Origin Energy's statement to the Stock Exchange—'forward wholesale electricity prices have reduced, and this is expected to have a positive impact on consumer tariffs'. That's what they had to say. Of course those opposite, who apparently are unaware of the Russian illegal invasion of Ukraine and what has happened—

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