Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

This is very disciplined from the opposition! I am not quite sure to whom I respond. If the senator is offended I will withdraw that, but I do make the point that I gave her the courtesy, as I try to, of indicating that I had an answer on the specific question and instead I got some diatribe about process.

In relation to the question about the 0.3 per cent, I am advised that detail on that is available on the Treasury website. There is a note entitled 'The impact of a carbon price on household expenditure as modelled by the Treasury for the Clean Energy Future package announced on 10 July 2011 by the government'. That note sets out a more detailed breakdown of Treasury's modelling of the impact of a carbon price via CPI subgroup. If you turn to table 1, that table shows a range of the CPI subgroups, and included in that is health services, average price impact per week, and I have here 10c—I will just check that that is right—which is 0.3 per cent. So, in response to the senator's question, that is the locus that that figure came from. I think that is the basis of the assertions, to which she was referring, by the minister I represent.

I also make the point, and I suspect the senator would recall this better than I in relation to public hospitals, which I think she asked about, that the government's funding of public hospitals is subject to indexation arrangements. Senator Sinodinos is nodding. I do not have anyone in the advisers box to recall precisely the rate of indexation but my recollection is that it is significantly above CPI because health costs obviously rise above CPI, and if I am incorrect in that I will come back to you. To the extent that there is any increase in costs from the carbon price I am advised that current and future funding arrangements would automatically ensure that public hospitals continue to be properly funded within the arrangements.