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11    Industry— Power prices

Senator O’Sullivan, also on behalf of Senators Williams, McKenzie and Macdonald, pursuant to notice of motion not objected to as a formal motion, moved general business notice of motion no. 385—That the Senate—

               (a)       welcomes the Prime Minister, the Minister for Resources and Northern Australia, and the Minister for the Environment and Energy, and their strong and decisive action in putting downward pressure on power prices by:

                                     (i)       finalising tough new regulation in the gas sector, putting Australians first with priority access to gas supply before it is exported,

                                    (ii)       strengthening the Australian Energy Regulator by providing it with an additional $67.4 million to stop energy network companies gaming the system and overturning rulings in the courts, and

                                  (iii)       asking the Australian Energy Market Operator how to ensure that new continuous dispatchable power is provided, including what support is needed to promote new investment; and

               (b)       notes that the national interest is best served by calling on states to unlock their domestic supplies of conventional gas.

Question put and negatived.