Mr ALBAN ESE (Grayndler—Prime Minister) (14:12): I thank the Deputy Leader of the Opposition for her question. I don't seek to have a point of order on irony to rule it out, given the record of the Deputy Leader of the Opposition, who made a bit of a mistake that led to her resignation from the front bench of the Liberal Party. But now she's back. Mr Fletcher: Mr Speaker— Opposition members interjecting— The SPEAKER: Order! Members on my left! The Manager of Opposition Business will be heard in silence. Mr Fletcher: Reflection on a member, Mr Speaker: that was quite inappropriate. The Prime Minister should answer the specific question: does he stand by his promise on a $275 reduction or not? The SPEAKER: Thank you. Resume your seat. I'm listening to the Prime Minister carefully. I ask him to return to the question. Mr ALBANESE: The fact is that those opposite knew that power prices were going up but they kept Australians in the dark. That's what they did. They knew about the price increase in March. They hid the increase in the default retail price for electricity, which for a small businesses in New South Wales increased by up to 19.7 per cent—in New South Wales alone. This is what our policy is aimed at—and we completely stand by the modelling that we put out by RepuTex. It showed—and this isn't a difficult concept—renewables are cheaper; if you have cheaper energy inputs, you get cheaper prices. RepuTex modelled the impact of Labor's plan on rewiring the nation, our plan on other elements of the grid, including using the safeguards mechanism that was established by the Abbott government when they were in government— Ms Ley: Mr Speaker— The SPEAKER: The Prime Minister will take a break. The Deputy Leader of the Opposition will state the point of order, and I'm listening carefully. Ms Ley: We know the Prime Minister has a bad memory— The SPEAKER: No, resume your seat. I want to be very clear. I'm giving the courtesy to the Deputy Leader of the Opposition because of her title, and she's earnt that title. If I'm asking you to state a point of order, I ask you to state it and not give a statement. The Prime Minister will continue. Mr ALBANESE: It's a pretty simple principle here. Everyone understands that, and no amount of bluster from those opposite will replace their failure of over a decade of inaction—over a decade of inaction. And the truth is that, if you have a plan for more renewables in the system because they are cheaper, you will have cheaper energy prices. That's what RepuTex modelled, but those opposite couldn't grasp that. That's why they produced 22 different policies, 22 shots at lowering prices and didn't nail any of them. The worst of all the ministers was the member for Hume, who failed completely and then, during an election campaign, went to the Governor-General to change the rules in order to hide the fact that prices would be going up on 1 July.