Chris Bowen (McMahon, Australian Labor Party, Minister for Climate Change and Energy) Share this | Hansard source

Certainly, I was pointing out and will continue to point out that when we came to office the wholesale price of energy was $286 a megawatt-hour after the member for Hume had promised it would be $70 a megawatt-hour. As of today, it is $64 a megawatt-hour, and that is less than to $286—it's less than $70. And it's a result of several things, including coal and gas caps that were put in place by this government, this Prime Minister, opposed by that Leader of the Opposition, who opposes absolutely everything he ever sees. It's a result of international pressures changing. It's a result of more renewables in the system. Trigger warning: I mentioned renewables. I know it sends those opposite off, but it's a statement of fact. It's just a trigger warning to assist—I'm always here to help—and we'll continue to do what it takes to put downward pressure on energy prices, while those opposite promised lower prices are delivered higher prices.

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