Senate debates

Tuesday, 8 November 2011

Questions without Notice

Carbon Pricing

2:44 pm

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

I just indicate that I believe that this is a matter that Minister Crean will administer, but I will confirm that. I understand that, in the course of administering this program, there will be monitoring of regional impacts to identify those regions which may require assistance in addition, if I may say, to the comprehensive assistance which is provided through the Jobs and Competitiveness package and the Energy Security Fund. So there is a lot of assistance in place.

I am asked about guarantees. What I would say is this: the senator is actually in a position to guarantee that she will impose a higher cost on the people who elect her. That is the position of the National Party and the Liberal Party. Their policy will, in fact, cost the people who elect them more. To achieve the same environmental outcome, you will have to tax people more and you will have to take back tax cuts and pension increases that the government is funding through pricing pollution.

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