Senator WONG (South Australia—Minister for Finance and Deregulation) (14:56): What I would invite Senator Bushby to do, because I know he has an interest in numbers, is look at the numbers. For example, the Deloitte Access Economics Investment Monitor report showed that $487 billion in large investment projects was in the pipeline, almost all of which will occur in the mining sector. It is hard to see, therefore, how the proposition that the carbon price will deter such investment stacks up. The numbers simply do not demonstrate that. I would also make the point, because I think the article to which the senator was referring also spoke about Macarthur Coal, that Macarthur Coal, as he would know, was the subject of a nearly $5 billion offer by Peabody Energy. In fact I think that was the same day as Tony Abbott said that the carbon tax will— Opposition senators interjecting— The PRESIDENT: Senator Wong, you need to address— Senator WONG: Mr Abbott. It is extraordinary that the opposition is so prepared to call other people names. They are very sensitive. (Time expired)