Senate debates
Tuesday, 19 June 2012
Questions without Notice
Carbon Pricing
2:18 pm
Arthur Sinodinos (NSW, Liberal Party) Share this | Hansard source
Mr President, I quote the New South Wales Independent Pricing and Regulatory Tribunal:
Many households spend an increasing proportion of their income on electricity bills, particularly those in low-income high consumption households.
In other words, it is a very regressive tax. What does the minister estimate the elasticity of demand to beef electricity from people in that situation?
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