Ms GILLARD (Lalor—Prime Minister) (14:57): In answer to the Leader of the Opposition's question: it is clear that he means to go on as he did in 2011, with misleading claims and continued negativity, as we ready our economy for the future, including for a clean energy future. The figures referred to in the Leader of the Opposition's question are another attempt by the opposition to mislead the Australian people. Treasury modelling shows—and the opposition is aware of this—that, under a carbon price, our economy will continue to grow. Jobs will grow, with employment to increase by 1.6 million jobs by 2020. Real wages will grow by 20 per cent by 2020 and 50 per cent by 2050. Incomes will grow. Gross national income per person will be $9,000 higher in today's dollars in 2020 with a carbon price in place. Vitally, carbon pollution will fall. By 2050, carbon pricing is expected to reduce Australia's domestic emissions by nearly half of what they would have been projected to be without a carbon price. The price impacts will be modest—a one-off increase of 0.7 per cent in CPI—and of course we also know that the carbon-pricing package comes with the benefit of tax cuts for working people earning less than $80,000 a year, many of them receiving a tax cut of $300. Mr Pyne interjecting— The SPEAKER: The Manager of Opposition Business will remain silent. Ms GILLARD: Then of course there will be Australians around the nation who no longer pay tax anymore as a result of us increasing the tax-free threshold. There will be increases in pensions and there will be increases in family payments. Behind this debate, Mr Speaker, is the essential question of whether or not you want our nation to stand still or be ready for the future. It is a fundamental choice. We have made it. We are getting our nation ready for the future and that future will require us to have a cleaner energy economy. In getting that cleaner energy economy, we are determined to do it at the lowest possible cost and the lowest possible price. The Leader of the Opposition stands for a policy which would impose a burden of $1,300 on working families—a policy that will not work. He stands for ripping tax cuts, family payment increases and pension increases out of the hands of Australians who need that money. This is more of the reckless approach we have seen the opposition take to all of its economic settings. Whenever it faces a choice between getting ready for the future or standing still, it says: stand still. Whenever it faces a choice about running the economy in the interests of working Australians, it says: let's help the privileged few. Whenever it faces a choice about making sure our economy is clean and ready for the future it spreads fear and distortion, and today's question is just more of that.