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

It's not just households that would benefit under the National Energy Guarantee. There's the $300 average household benefit that I spoke of. But the modelling suggests that a 23 per cent reduction in wholesale electricity prices would flow through to businesses, allowing them to invest in their enterprise, to create more jobs and to grow the economy. Small businesses, such as cafes, could save hundreds of dollars a year; medium-size businesses, such as supermarkets, could save up to $400,000 a year; and large energy-intensive manufacturers could well save millions of dollars a year. These are all instances in which businesses could invest back into their businesses—employing more staff, lifting wages, growing more jobs, doing exactly the types of things that have been happening right across Tasmania thanks to the work of the Hodgman Liberal government in Tasmania along with the Turnbull coalition government here in Canberra. That's why we've seen record jobs growth nationally, record jobs growth in Tasmania, the strongest circumstance for all Tasmanians thanks to good, strong Liberal advocacy. (Time expired)