Senator CORMANN (Western Australia—Leader of the Government in the Senate, Minister for Finance, Special Minister of State and Vice-President of the Executive Council) (14:00): Indeed, it received overwhelming support in the party room but not sufficient support in all aspects for it to be carried through the House of Representatives in the current circumstances. What the government announced earlier today is our plan to further reduce power prices. Indeed, in accelerating our response to the ACCC report, which we commissioned, firstly we will create a default power bill offer for households and small businesses, which is consistent with recommendation 30 of the ACCC's report. This is not a price cap but, instead, a requirement for all retailers to make a new, cheaper offer, set every year, based on the AER's estimate of the efficient cost of the retailer's operation. The AER sets one default offer for each network distribution area. The ACCC estimates that for average customers on an inflated standing offer the savings on moving to a new default market offer could range between $183 and $416. For average small and medium-sized businesses on a standing offer they could range between $561 and $1,457. We will also give ourselves a big stick to make energy companies lower their prices and we will move more quickly to implement the remaining ACCC recommendations—in particular recommendation 1, recommendation 4, recommendation 32 and recommendation 33. For average customers, as I've already indicated, on an inflated standing offer the savings on moving to a new default market offer could range between $183 and $416. Opposition senators interjecting— Senator CORMANN: The default market offer could see up to 1.2 million households save up to $416, which is an ACCC measure. This is on top of the 500,000 who were moved off standing offers or expired market offers last year, which is the AER figure. And, according to AEMO, 1.8 million customers have switched, looking for a better deal, since we first took action. The PRESIDENT: Order! Before I call Senator Wong, can I remind senators of my plea to be able to hear the question myself. I will hear questions in silence. Senator Wong.