Penny Wong (SA, Australian Labor Party, Minister for Climate Change and Water) Share this | Hansard source

I say again to the Senate that we conducted the largest modelling exercise in the nation’s history. That was released transparently in October last year and it formed the basis of the government’s decisions, including compensation for low- and middle-income earners. I remind those opposite that that is not a commitment which has yet been matched by you. My recollection of the Frontier Economics Report, which you released—which is sort of your policy, but not quite—is that it does not talk about any assistance to low- and middle-income workers. It is correct to say that there is an impact on prices because we are putting a price on something which previously was free, but you cannot tackle climate change unless you start to reflect the cost of carbon.