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

Those of us who are very aware of high electricity prices support things such as increases to family tax benefits, increases to pensions and tax breaks for people earning under $80,000 a year. That is what this side of politics supports. What that side of politics supports is a policy that would add to cost-of-living pressures by increasing the tax that Australian households would have to pay by $1,300 a year.

What I was trying to describe before is this simple proposition that, if you have investment uncertainty, that can lead, on the basis of what the industry itself says, to higher prices. I would remind senators of this quote:

… it—

referring to the uncertainty—

will also impact on their ability to offer fixed price electricity contracts which could put up prices for households.

That is a reference to your policy's effect on uncertainty and investment uncertainty, which manifests as— (Time expired)