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Monday, 7 November 2011
Page: 8273


Senator XENOPHON (South Australia) (10:52): I want to follow that through. The minister has acknowledged that under the CPRS there was a deferred price mechanism. Presumably there would have been modell­ing done and advice sought as to the difference between the former scheme, the CPRS, and the current scheme in terms of the impact on electricity prices. I presume that modelling would have been done by Treasury. As to what the price impacts would be on consumers, I would be grateful if the minister could indicate whether any modelling was done on the price impacts of having a deferred payment scheme or paying upfront, as this particular scheme is seeking to do.