House debates
Monday, 2 June 2008
Questions without Notice
Fuel Prices
3:15 pm
Malcolm Turnbull (Wentworth, Liberal Party, Shadow Treasurer) Share this | Link to this | Hansard source
My question is addressed to the Treasurer. I refer the Treasurer to the recent paper by Professor Sinclair Davidson of RMIT which demonstrates major flaws in the methodology used by the ACCC in its analysis of Fuelwatch. Given the mounting expert evidence that Fuelwatch is likely to increase petrol prices, will the Treasurer release the complete ACCC model to the public for peer review and ask his own department to check that ACCC analysis and make the results of that Treasury appraisal public also?
Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Link to this | Hansard source
The gentleman referred to by the shadow Treasurer is not independent. I have been reading his material for some time. I cannot understand it—he appears to be a fan of the shadow Treasurer. He obviously has not been following the debate in the House. We have comprehensive, credible modelling from the ACCC and we stand by it.