Penny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

I thank Senator Grogan for her question. It's great to have another question on this side on the cost of living. I've been away for a period of time and I've come back and we're still back where we were, with the Labor government focused on the cost of living and the issues that people are confronted by, trying to make sure that we do all we can to ease the cost of living, and those opposite again trying to whip up fear and division. So some things don't change.

But there was some good news for electricity customers yesterday. The draft default market offer, which is the maximum price that customers can be charged under standard contracts, is stabilising and trending downwards. This comes after the biggest global energy crisis in 50 years. The draft default market offer shows price reductions in most states and territories. There is a reduction of up to 10 per cent for some small businesses—