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

I again refer to the Treasurer's public indication this week that he would be releasing updated modelling. He indicated that this would show the impact of the carbon price on the entire economy. The initial modelling showed that the economy will continue to grow strongly under a carbon price at the same time as we cut carbon pollution—

Opposition senators interjecting—

Yes, I understand the opposition do not want to hear this. This is the interesting thing. They want modelling but they do not accept the findings of the modelling, which is that the economy grows, jobs grow and incomes grow with a carbon price. So, despite the fact the modelling does not back up their shameless scare campaign, they come in here and demand it, only, I am sure, to come in here subsequently to say that the modelling should not be believed. What absolute hypocrites. It is an absolutely shameless scare campaign.