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

I thank the honourable member for his question. I would have thought the honourable member would have welcomed the announcement last week by the Australian Energy Regulator that the regulated price or default market offer for small businesses in South Australia would fall by 8.2 per cent. Now, that is welcome news. It's not always the way a default market offer goes, because there was a default market offer in 2022 which showed not a fall in energy prices for small businesses in South Australia but a 5.7 per cent increase for small businesses in South Australia. But, to be fair to the honourable member, nobody knew. That was the effective policy of the government of the day: to keep it secret—to change the law so that nobody knew.

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