Mr TAYLOR (Hume—Minister for Energy and Emissions Reduction) (14:33): I thank the member for Canning for his question. He, like all of us on this side of the House, is absolutely committed to affordable, reliable power for all Australians. That's why, on 1 July, we introduced price caps on standing offers. That's why we introduced the Retailer Reliability Obligation and the reference price. We are already seeing real results, with lower prices for some of the most vulnerable Australians and for about a quarter of small businesses, who have seen significant reductions in their standing offers. I'm also pleased to say that the government today has introduced legislation to eliminate the market manipulation and dodgy practices we've seen in the past, practices which the ACCC described as 'unacceptable and unsustainable'. We know that these reforms are required, because of what we saw in Victoria. What we saw in Victoria with the mere announcement of the closure of Hazelwood—no change in supply and demand—was a more than doubling of wholesale prices from the baseload generators. We on this side of the House are in favour of free markets, but they must be markets that are free of manipulation. This bill is critical for protecting energy customers, whether they be households, small businesses or industry, of course, which supplies so many jobs to electorates like Canning, the electorate of the member who asked the question. The member asked whether there is an alternative. The alternative is what those opposite took to the last election. First of all, they opposed this legislation 13 times in the last parliament. Opposition members interjecting— The SPEAKER: The member for Moreton is warned. Mr TAYLOR: In the last parliament, they refused 13 times to endorse the needs of Australian energy consumers. But they also took to the last election reckless emissions targets that we know were going to slash jobs, slash wages and slash the economy. Where they sit on all of this now is quite unclear. The chaos and dysfunction has reached new heights, with the member for Maribyrnong saying he is proud of their reckless targets from the last election. We have the member for Hindmarsh saying that every Labor policy should be reviewed in a ruthless and unsparing way, including their energy and climate policies. I couldn't agree more. The Deputy Leader of the Opposition is in on this, too. He is barracking on the end of the coal industry and then claiming he is tone deaf. And we have the member for Shortland— (Time expired)