Senator WONG (South Australia—Minister for Finance and Deregulation) (14:40): I am very happy to talk about wages, because where was the National Party when the Liberal Party imposed a work arrangements industrial system which was all about reducing Australia's wages and conditions? We did not hear much then. I was in this chamber when people crossed the floor and made sure that they voted for lower wages and conditions when Work Choices was here. Where was the National Party then? I remind the senator that the Treasury modelling shows that by 2020 employment is projected to increase by 1.6 million jobs, real wages to rise by 20 per cent and gross national income to increase by $9,000 per person. We believe in preparing the economy for the future and a price on carbon is a part of that. Sensible Liberals once understood that. Mr Turnbull still understands it, but regrettably he is no longer the person in charge of your policy in this area. (Time expired)