Simon Birmingham (SA, Liberal Party, Assistant Minister for Education and Training) Share this | Hansard source

What we are ensuring here is that all Australian households and all Australian businesses have the certainty that the RET will operate effectively, that it will not go into default and that, as a result of that, energy prices will be lower over the next few years than would otherwise have been the case, particularly if a default had occurred. In relation to emissions-intensive trade-exposed industries, we are providing certainty that they will be able to continue to trade and compete with their international competitors on a footing that does not risk jobs, economic activity and the viability of those businesses in Australia.