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Welcome back to the show. The Federal Government is encouraging the States to embark on bold electricity reforms to help families deal with the rising cost of electricity. It's part of the energy white paper unveiled yesterday with changes including the use of smart meters to help households manage their bills. Joining us to discuss how the Coalition will tackle this issue is Opposition Leader Tony Abbott. Good morning to you, Mr Abbott.Good morning, Lisa.A good proposal by the Government to bring energy prices down?Well, this is a Government which has presided over a massive increase in prices. Power prices are up 89% since Kevin Rudd became prime minister, and the carbon tax is now making a bad situation worse. I think if the Government was serious about bringing prices down, it wouldn't be lecturing the States about what they might do. It would be doing what it could do and that is getting rid of the carbon tax and that would instantly, on the Government's own figures, reduce prices by 10%.But the truth is that carbon tax is only contributing a small amount to those price rises. It's only been in since July 1. And for these proposals that the Government is putting forward to work, it does need cooperation from State governments to deregulate power prices. Now, Queensland Premier Campbell Newman has already said no. We're getting similar indications from the NSW Coalition government. Is that because it's actually politically convenient to keep those prices high leading up to the federal election and keep blaming it on the carbon tax?No-one wants to see prices high. Everyone wants to see prices down. But the most practical thing the Commonwealth could do right now to get power prices down is to take off the carbon tax. And, you know, the whole point of the carbon tax, Lisa, is to raise power prices. The point I keep making is every time your power bill goes up, the Prime Minister has a smile on her face because that is the carbon tax just doing its job.Alright. Well, you've already promised that, should you be elected prime minister, you will get rid of that carbon tax. That leaves you 79% of those price rises you've got to play with. Can you guarantee that an Abbott government will bring energy prices down beyond taking off the carbon tax?Well, that's a very, very good start. That is a very good start. And we have the ACCC out there making sure that businesses did not profiteer once the carbon tax was off.OK. But you still haven't answered my question. How much will you bring down energy prices beyond taking off the carbon tax?Well, we will do vastly better than the Labor Party, Lisa, because there will be no carbon tax - You're still not answering my question, Mr Abbott.But, Lisa, I'm saying there will be no carbon tax under a government I lead and when I say that, I'm telling the truth. So should I get from that that you don't actually have a plan on how to bring prices down beyond the carbon tax?Getting rid of the carbon tax -Beyond the carbon tax, Mr Abbott.That's a very, very good start.I'll have to take it that you don't have a plan. Unless you're going to put one forward, it doesn't look like you've got a plan, Mr Abbott.Lisa, the plan starts with getting rid of the carbon tax. OK. I think you've answered the question.No-one who is serious about getting power prices down whacks on a carbon tax, because the whole point of a carbon tax is to get prices up. If they don't go up, the carbon tax is not working. That's the whole point of a price signal.OK. Let's move on. The front page of the 'Financial Review' this morning - the heading is "Boxing in Abbott - Labor's Obama strategy". It says, "The Labor Party plans to borrow staty and campaigning techniques from Barack Obama's election campaign to convince key groups, including women, to reject Liberal leader, Tony Abbott." Mr Obama was swept to power this week. How does that make you feel?Look, I congratulate President Obama on what was a hard- fought victory. I think regardless of who leads the United States, regardless of who leads Australia for that matter, the relationship between America and Australia will be strong. But what I don't think Australians particularly want to see is the importation into this country of American-style political campaigning. And I don't believe the Australian people, Lisa, want to see the nasty personal side which sometimes came into the American campaign coming into our campaign, which is why every day I'm out there talking to people about how their lives can be better. Alright - but the -That's what I was doing yesterday. That's what I do every day.But the assessment seems to be, though, that it was women who were very significant in having Mr Obama re-elected. The other problem is that assessment is that -- the other assessment it is that the Republicans didn't off an economic alternative to the country's financial woes. That's also something that's an area of concern for you, isn't it?Well, if we can get government spending down, if we can get taxes down, if we can get productivity up, then we get growth up. And that's the heart of our economic plan. And you only have to look at what happened last time the Coalition was in government. We did get taxes down. We did get spending down. We did get productivity up. We did get growth up. And that's why that now looks like a golden age of prosperity.So when will you start revealing those plans, Mr Abbott? Every day, I'm talking about what we are going to do. For instance, in Melbourne yesterday I was talking about our plan to get the East-West Link built. We want work under way within 12 to 18 months of a government change in Canberra. That's going to allow people to get home from work earlier, spend more time with their families. They don't spend as much time sitting in traffic jams. This is an economic reform as well as a social improvement.Alright. Well, we look forward to seeing how some of those numbers play out, hopefully in the months to come. Mr Abbott, we thank you very much for your time this morning.Good on you, Lisa.Over to