House debates

Wednesday, 24 May 2023

Questions without Notice

Energy

2:02 pm

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

To quote the Chair of the Australian Energy Regulator, Clare Savage:

… forward base futures prices for electricity initially stabilised during the early part of 2023, and … remain well below levels observed in 2022.

The fact is that what we put in place has been effective, but they voted against it. They voted against price caps when it came to gas and coal energy being generated by New South Wales and Victoria, and they voted against $3 billion of energy price relief. They voted against it.

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