Louise Markus (Macquarie, Liberal Party) Share this | Link to this | Hansard source

My question is to the Treasurer. Will the Treasurer confirm that under Professor Garnaut's proposal a typical single-income family with two or three children and one partner earning $80,000 per annum will get no compensation for the government's carbon tax?

Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Link to this | Hansard source

I thank the member for Macquarie for her question. What she has said is entirely baseless because we have not completed the design of the scheme. It is a continuation of the scare campaign that we are seeing from those opposite. They have been fond of quoting Professor Garnaut, so I would like to quote from page 77 of his report where he talks about the opposition's so-called direct action options. He says:

Other people's taxes have to rise to pay for expenditures under direct action.

In the long-run, households will pay almost the entire carbon price as businesses pass carbon cost through to the users of their products.

That is Mr Garnaut's view of their so-called—

Harry Jenkins (Speaker) Share this | Link to this | Hansard source

The Treasurer will resume his seat. Has the Treasurer concluded?