Senator WONG (South Australia—Minister for Finance and Deregulation) (14:05): I have been asked now on a number of occasions by this senator and others a number of questions in relation to the Treasury modelling, and I have consistently said that we stand by the Treasury modelling. The reason we do is that we have faith in the competence and professionalism of the Treasury, the same people who advised those opposite in government. Those people advise us and through us the Australian people that putting in place— Senator Ian Macdonald: Then they're clearly wrong. Senator WONG: The senator says, 'They're clearly wrong!' Isn't it wonderful! Senator Macdonald knows more than all of Treasury, apparently. Oh my goodness, why is it that you are not the shadow Treasurer if you know so much? The Treasury modelling— The PRESIDENT: Senator Wong, ignore the interjections. Come back to the question. Senator WONG: The Treasury modelling shows that incomes rise, jobs grow and the economy grows with a carbon price. That is something those opposite simply cannot countenance.