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Let’s call “Net Zero” what it really is: a massive wealth transfer to parasitic billionaires – making you poorer, your bills higher, and our country weaker.

The reality is: ✔️ High electricity prices driving up the cost of food, groceries, and transport. ✔️ Record high closures and insolvencies of established businesses. ✔️ Manufacturing, smelting and heavy industries are struggling to stay afloat while the government chases “green” pipe dreams that don’t work. ✔️ BILLIONS in debt being dumped on our children’s shoulders.

Billions of dollars is being wasted on “carbon abatement” and “green hydrogen” schemes that physics and chemistry tell us are a sham. Meanwhile, mass immigration is being used to mask the true cost, forcing you to cut your standard of living just to meet their impossible targets.

A One Nation government will: ✅ Abolish Net Zero, terminating the net zero transition, scrapping carbon accounting for businesses, and shutting down any project where cutting losses is cheaper for the taxpayer, or environmental damage is too great—running existing assets only until they they inevitably fail in 10 to 15 years. ✅ Repeal fraudulent flood maps being used by mostly foreign owned insurance companies to price gouge consumers, raking in record profits. ✅ Stop the subsidy “gravy train.” ✅ Use our own affordable energy to keep the lights on and the prices down. ✅ And most importantly – stop the mass immigration that’s crushing our housing and infrastructure. Remigrate the hundreds of thousands of people who have broken their visa conditions, limit new arrivals to people holding skills we actually need, especially in housing. REMIGRATE — SEND HOME – DEPORT!

Since 2005, Australia’s population has surged 40%, yet this government is demanding we slash total carbon dioxide production to 2005 levels by 2035 —meaning every single Australian is being forced to pay the price to accommodate mass migration. The more the population grows, the harder you are hit – and it will only get worse until we have the courage to say: enough is enough – not one cent more.

We must stop the madness before there’s nothing left to save.

Australia belongs to us, not the globalists.

Transcript

Let’s call net zero for what it really is: fraudulent, supposed science covering up income redistribution protected with big brother government measures—that’s it—making everyday Australians economically, environmentally and socially worse off. Net zero measures are driving up the price of electricity and increasing prices with flow-on effects throughout the economy—food, groceries, clothing, transport, travel and accommodation. Everything you buy goes up if electricity goes up. Manufacturing, smelting and heavy industry all use electricity and are struggling to stay in business. 

In 2024, there were 5,136 closures of established businesses, meaning those in business for five years or more. In 2024, there were 10,497 business insolvencies—up almost 30 per cent on 2023. Has anyone on the Greens benches bothered to ask what these Australians who have lost everything think about what you and net zero have done to their businesses? Has anyone asked? We have. Some of these measures are idiocy—green hydrogen, green steel, green aluminium. This technology does not work. That is proven. It does not work, and it never will. Physics and chemistry tell us that. It’s nothing but a scheme to farm parasitic subsidies, without which the idea would not even be contemplated. 

These appropriations bills channel billions of dollars of taxpayer funds into the pockets of crony capitalists, lining up by pigs in a trough, and there’s Minister Bowen, throwing more and more taxpayer money into the trough—wasted, but who pays? The people pay. Small businesses pay. These appropriation bills contain significant allocations for net zero measures. 

Firstly, the department of climate change and energy—$1,234,567,890. There’s $1.2 billion for what? Support for net zero emissions by 2050 through renewable energy initiatives and emissions reduction programs. This is the stuff that comes out of the south end of a northbound ball. No. 2, $987,654,321—nearly $1 billion for what? Funding for decarbonisation projects and clean energy infrastructure to achieve low emissions targets. Carbon is in every living organism’s every cell. And then No. 3, $456,789,123 almost half a billion dollars. What have we racked up so far? $2.7 billion. For what? Investment in carbon abatement strategies and sustainable development to mitigate climate change impacts—carbon is in every cell of every living organism. This is just one appropriation bill. This gravy train for the government’s parasitic, big-business mates—collecting subsidies, feeding off subsidies—has been going on for years, encouraged by both major parties and the Greens. Yet the Albanese government is projecting deficits in every year of the 48th parliament totalling over $100 billion. That’s money that will be needed to be borrowed and debt that everyday Australians will have to repay—$3,700 for every man, woman, baby and child in this country plus interest, and we’re already paying interest in such a large quantity that it’s almost the single largest line item in the budget. 

A One Nation government will abolish the net zero transition. Our policy includes terminating all projects and removing all carbon dioxide accounting requirements on businesses, repealing fraudulent flood maps being used by insurance companies to price gouge consumers and to generate record profits for mostly foreign-owned insurance companies. Think of BlackRock, Vanguard, State Street, Colonial First State et cetera, the global wealth funds. They own and control our insurance companies. We will terminate any existing project that’s at a stage where termination is cheaper for the taxpayer than the continuing or where the project is too damaging to the natural environment to continue operation. We will, of course, use the generation that has been put in place until they inevitably fail in 10 to 15 years. And, most importantly, our immigration policy will remigrate hundreds of thousands of people who have broken their visa conditions, and we will limit new arrivals to people holding skills we actually need, especially in housing—remigrate, send home, deport. 

Remember, net zero is not reducing carbon use per person. It’s supposedly reducing Australia’s carbon dioxide production to 2005 levels in total by 2035—supposedly. Think about this—Australia’s population has grown by 40 per cent since 2005. That means we all have to reduce our carbon dioxide production by an extra 40 per cent, and this figure goes up with every new migrant arrival. The pain is only just getting started unless the Senate has the courage to stop this madness and the integrity to stop this madness. Join One Nation in saying to this government, ‘Not one cent more—you’ve blown trillions.’ I foreshadow my amendment on sheet 3466 to remove net zero funding from this appropriation bill. Thank you. 

Victoria has taken another step toward eroding democracy and destroying the natural environment. Premier Allan’s extremist government approved the Meadow Creek industrial solar project, completely ignoring objections from locals. Under new laws in Victoria, there’s no right to appeal this decision.

This is about appeasing wealthy urban voters under the guise of a false climate emergency—not saving the planet.

The project will turn 566 hectares of prime farmland into an industrial site, destroying property values, tourism, and jobs. Toxic runoff from degrading panels will flow into the Ovens River water supply catchment and then into the Murray-Darling Basin.

RMIT planning professor Michael Buxton described the approval as “an autocratic imposition without regard for liberal democracy.” No wonder many Victorians are leaving Victoria-stan!

Labor’s climate crusade is a façade—behind it lies the destruction of our human and natural environment.

– Senate Speech | November 2025

Transcript

Last week, Victoria continued its incremental destruction of human rights and the natural environment. Premier Allan’s extremist government has approved the Meadow Creek industrial solar installation against the wishes of local residents. Five hundred submissions opposing the development were lodged by people who did not realise Victoria is no longer a democracy and the will of the people is a joke to Premier Allan. Under new laws in Victoria, there can’t be any appeal to this decision. Premier Allan will happily run roughshod over communities it doesn’t need votes from to pander to constituents it does. In this case, rich urban voters with an ability complex, happy to destroy the natural to assuage their guilt at living lives of plenty on the back of Australia’s coal power—all in the name of a fictitious, dishonest climate emergency. What they’re really doing is denying young Australians the same life they led—a life which included homeownership on a single wage, proper holidays, a decent education without a lifetime of debt, and a healthy natural environment. 

RMIT planning professor Michael Buxton has described approval of Meadow Creek as ‘the autocratic imposition of a project without any regard for the principles of a liberal democracy’—a massive $750 million development turning 566 hectares of prime farmland into a toxic industrial site, destroying the value of neighbouring properties, destroying the natural environment, destroying tourism, destroying employment in agriculture and tourism and destroying the human environment. The toxic run-off from the solar panels, once they start to degrade, will go straight into the Ovens River water supply catchment and then into the Murray-Darling Basin. The Labor Party lies say they’re not running a war on the bush. No wonder so many Victorians are leaving and seeking political asylum anywhere other than Victoria-stan. Victoria is dishonestly pretending to save the planet while killing the human environment and natural environment. (Time expired) 

The Nationals are starting to see the truth about the net zero scam — well, sort of.

They are finally admitting net zero is hurting regional Australia—yet they still cling to the scam. One Nation has said for years: scrap net zero completely. It’s costing taxpayers $30 billion a year and will blow out to $1.9 trillion by 2050, while electricity prices keep rising and everyday Australians suffer.

Meanwhile, foreign-controlled corporations and banks dominate our markets, driving prices up while executives pocket millions. Add mass migration pushing rents up, and you see why Australians are sliding into poverty.

One Nation warned this would happen—and we have the solutions. It’s time to put Australians first. Our solutions are practical, proven, and ready to go. As JFK said: Our problems are man-made. Therefore, they can be solved by man.

Transcript

Welcome to the latest episode of your favourite TV show: One Nation Were Right All Along. First up, we have the Nationals finally seeing the light of the net zero scam—well, kind of. Their support has gone from unqualified support to ‘how much net zero can we do before we start losing seats?’ In their announcement, Nationals leader David Littleproud said: ‘The Nationals accept the science of climate change and remain committed to emissions reduction. The current aggressive pursuit of net zero is unfairly damaging to regional Australia and economically unsustainable for the country’—he’s waking up—’We need a slower pace aligned with the OECD average’.  

That’s a clever sleight of hand. The OECD reduction has stalled for five years. Their accumulative reduction is currently 14 per cent, and Australia’s is 24 per cent. The latest data will show ours at 28 per cent, double the OECD’s. Tying Australia to the OECD will buy the Nationals an election or two before having to restart reductions. Remember, though, that they still believe in net zero and in the need to cut carbon dioxide production. I welcome the Nationals realisation of the damage net zero is doing and wish they had more courage to walk away from the scam entirely. 

In contrast, One Nation strongly oppose net zero, and we would abolish all federal government net zero mandates, programs and boondoggles. We would shut down all the schemes and departments promoting this scam, saving taxpayers $30 billion every year. This is not the only cost of course. Parasitic billionaires and corporations sucking on taxpayer subsidies and electricity consumer subsidies, and others in private industry, are taking advantage of this scam to build industrial solar and wind, transmission lines, big batteries and other paraphernalia of net zero. This cost will be as high as $1.9 trillion through to 2050. Remember that industrial solar and wind lasts only 15 years, which means everything that has been built so far will not be in use in 2050 and will have to be built again and again. The government’s Bollywood version of the cost of net zero does not take into account this massive expense—nor do they consider the environmental cost of the destruction of native forests for wind turbines, access roads and transmission lines; the cost of dumping these monstrosities into landfill every 15 years; or the run-off from toxic metals from damaged solar panels. This would be hilarious if it weren’t so sad. 

Electricity is an input cost right across the economy. The price of everything you buy, from physical goods in stores to services and financial products, goes up as the electricity bills of the companies providing those services go up. Everyday Australians are poorer because of net zero, and so is Australia’s beautiful natural environment. The government used to say, ‘Renewables are cheaper, so prices will come down eventually.’ However, after 20 years of the transition—the last three at breakneck pace—electricity bills are not coming down; they’re rising rapidly.  

Some of those who are wealthy enough and have an actual house in which to install solar panels and an expensive wall battery are reporting slightly reduced electricity bills. The very few Australians with the money to spend $25,000 on a solar array and wall battery for a home they own are thumbing their noses at the millions that do not have a house and $25,000 to add solar and a battery. Net zero is becoming a case of the haves and have-nots. Those who can’t afford their own electricity generation are left to buy electricity at prices that have increased at twice the rate of inflation since the net zero benchmark year of 2005. It’s a trend that continues, with a nine per cent increase in electricity prices in 2025. 

One Nation are right in our opposition to mass migration. Today we learnt that the majority of Australians agree with us—right again. A poll in the Australian yesterday showed that almost two-thirds of Australians want a reduction in the migration rate; 94 per cent of One Nation supporters support reduced migration, which has now been a feature of One Nation policy for 30 years, ever since the Liberal-National coalition under John Howard doubled migration and started mass migration. Significantly, 78 per cent of coalition voters want a reduction in immigration, and so do 71 per cent of supporters of smaller parties and independents, which does include the teals—so that’s very interesting. 

What caught my eye with the poll is that two parties who have been pushing infinite immigration are doing so against the wishes of their supporters. Only 10 per cent of Labor’s supporters want more migrants, while 49 per cent want fewer. While 27 per cent of Greens voters want more immigration, 32 per cent want less. Immigration is now one of the biggest election issues in New South Wales, which is not surprising, given the rental crisis in the greater Sydney area, thanks to the Albanese immigration invasion. It is interesting to see there is no gender divide on immigration. Opposition to high immigration is spread evenly between men and women. 

It’s a betrayal of the very concept of democracy for this government to continue its globalist agenda to flood Australia with these very high levels of mass immigration against the wishes of the Australian people. Liberal and Labor governments are importing too many new arrivals from cultures that do not readily assimilate and bring with them a religion, Islam, that seeks to carve out a slice of this country to introduce their own system of law—divisive. 

At the same time, the government is inhumanely ignoring the tragedy of the slaughter of Christians in Nigeria, in Sudan and in South Africa. I asked the Minister representing the Minister for Home Affairs yesterday in question time how many Christian refugees we brought in from these trouble spots. The answer was telling: zero! I asked who’s benefiting from Australia’s humanitarian intake. His answer was that the top five countries for refugee visas, 15,000 in all, are all Islamic countries. This is nothing more than selective discrimination against Christians. In the past, Australians would have considered this sedition. One Nation still does. 

Third, One Nation is correct about the standard of living. For years, I’ve been warning the Australian people that the net zero agenda, combined with mass immigration, is destroying business investment in our productive capacity, reducing living standards. Sky News is reporting today just how bad things have become. One in seven Australians now live below the poverty line, and one in six children are below the poverty line. That’s 3.7 million people struggling to pay for food, power and rent in a nation bursting with resources, all a result of Liberal-Labor uniparty policies—mass migration, net zero, housing, overregulation. 

In what was once the richest country, per capita, in the world, we now have the worst poverty in my lifetime, yet we still have the natural resources; the abundant hydrocarbon fuels—coal, oil and natural gas; amazing farmland; and a strong tourism industry. For years, successive Liberal and Labor governments have shut down industries that provided breadwinner jobs in steelworks and heavy manufacturing, and value-adding jobs like textiles. They weighed our farmers down with so much green tape and blue United Nations tape that they are struggling to stay afloat. Australian wealth is being sabotaged in a process called ‘managed decline’. It’s deliberate. Yet our GDP is still growing. What’s going on? Australia’s wealth is being transferred from Australians to foreign beneficiaries. The world’s predatory billionaires have used their investment funds, like BlackRock, First State, Vanguard and State Street, to buy not only shares in Australian companies but entire industries. Except for two of our insurance companies, all our insurance companies are foreign owned. 

Major retailers Coles, Woolies and Bunnings are foreign controlled. The Australian big four banks are foreign controlled, and so are our telcos and oil and gas companies. Satan’s bankers then put up prices, knowing they control the markets, so consumers become price takers. There’s no market anymore; it’s controlled. Australians working at the top of these companies take extremely high salaries—in many cases, multimillion dollar salaries—in return for compliance, and everyday Australians go backwards into poverty. 

The government is making things worse, allowing so many new arrivals that housing prices and rents are forced upwards, while quality of life and standards of living go backwards. In Sydney, median unit rents have surged 40 per cent since 2021, and Melbourne and Brisbane aren’t far behind, climbing more than 30 per cent. For low-income renters, over half now spend more than 30 per cent of their income on housing—30 per cent on housing! Our prime minister went to the last election promising to leave no-one behind, knowing his policies were doing exactly the opposite. The government is now increasing spending on housing, on paid parental leave, on child care and on hiring more and more and more public servants on high wages to paper over what is a crashing economy. The government can’t use debt and money printing forever to save its backside. Debt and printing money cause their own severe economic problems and then more poverty. 

One Nation has opposed the net zero war on business investment. We have opposed the migration invasion, and we warned that these policies, combined with the red bureaucratic tape, green tape and blue United Nations tape would destroy the standard of living in our beautiful country. And it has. We bloody told you so! We have put forward solutions and practical, effective policies to solve all these challenges—proven solutions. All these issues are due to decades of dishonest Liberal-Labor uniparty policies and laws. As President John F Kennedy said: 

Our problems are man made. Therefore, they can be solved by man. And man can be as big as he wants. 

One Nation is right. 

I moved a motion in the Senate to refer the issue of electricity smart meters to the Economics References Committee for inquiry. Why? Because Australians are being misled and left vulnerable.

The rollout of smart meters was promised as “voluntary”, yet it has now been made mandatory by this Labor government. These devices allow power companies—and governments—to monitor and control your electricity use. Worse still, energy companies can switch you to other tariffs without your consent. That means higher bills and less control over your own home.

Smart meters were sold as a way to help households save money, yet the reality is very different. Complaints have skyrocketed about unexplained tariff changes and complex pricing schemes that punish everyday Australians. And now, with Labor’s household battery scheme tied to “virtual” power plants, there’s nothing stopping your battery—paid for by you—being drained whenever the grid operator decides in the future.

This is not about helping consumers; it’s about control. It’s about protecting an unstable grid caused by the rush to unreliable solar and wind, at your expense.

One Nation stands with Australians against greedy power companies and foreign multinationals. We want transparency, accountability, and real consumer protections. We want to know what Labor is hiding. This inquiry is about giving power back to the people—literally.

The Vote

Transcript

I move: 

That the following matter be referred to the Economics References Committee for inquiry and report by 1 April 2026: 

The state of consumer protections in relation to electricity ‘smart meters’, with specific reference to: 

  • consumer rights to opt out from smart meter installation; 
  • ‘surge’, ‘cost-reflective power’ or ‘flexible’ tariffs and their impacts on household power bills; 
  • the Australian Electricity Market Commission rule change allowing electricity companies to change customers onto a punitive power tariff without their consent after two years; and 
  • any related matters. 

Three years ago, One Nation told the country: 

Australia is firmly on the path towards a dystopian future with households having their access to electricity taken out of their hands and monitored, controlled and restricted by governments. 

That’s control of your electricity use in the government’s hands and in energy company hands, including foreign multinational companies. That is control of your electricity and your access to it—whether you can use it and what you can use it for. This is only possible with the now mandatory rollout of smart meters, which are internet connected electricity meters. 

For many years, the rollout of smart meters was promised as purely voluntary. The experience of people who voluntarily got a smart meter was absolutely terrible. Daniel Mercer from the ABC reported in April that the New South Wales energy watchdog had sounded the alarm, saying too many consumers were being hit with poor service and left worse off from the smart meter rollout. He wrote: 

The watchdog said there had also been a major increase in the number of complaints related to sudden, unexplained changes to people’s electricity tariffs. 

There were changes to their tariffs with no consent. He continued: 

Such changes often involved customers being switched from flat rate prices, where they paid the same rate for a unit of power no matter when they bought it, to complex and dynamic charges. 

Among these were time-of-use tariffs, in which customers paid more for power at peak times, and demand charges, which involved charging someone based on their single biggest half-hour of use across an entire month. 

So, if you used a higher level of power for just half an hour, that put you onto a higher rate that was across all your electricity use for the entire month. He went on: 

“The smart meter rollout aimed to increase flexibility and customer engagement with the energy market, by allowing customers to manage their energy usage and save money,” Ms Young— 

the New South Wales Energy and Water Ombudsman— 

said. 

“But we aren’t seeing evidence of this in complaints that come to [the ombudsman], in fact, we are seeing the opposite.” 

What was the Albanese Labor government’s response to all of these problems? Did they try to fix them? No. They doubled down. The Labor government in June made the smart meter rollout mandatory. This federal Labor government made the smart meter rollout mandatory. They said anyone going onto a smart meter couldn’t be put onto a punitive tariff. They did say that. This, though, is only temporary relief that will last just two years. After that, it’s open season for power company profiteering. The smart meters are a key part of the government’s emergency plans. 

Think about why they need emergency plans. The energy minister, Chris Bowen, is spruiking his household battery scheme. What he isn’t telling Australians about is the fine print. To receive the government’s subsidy for a household battery, your battery must be ‘capable of participating in a virtual power plant’—virtual power plant; this gets more and more crazy. A virtual power plant, or VPP, is simply about being able to drain your battery, which you paid for, to the grid whenever your power company wants. Combined with an always connected smart meter, there’s nothing stopping the grid operator from draining a household battery whenever they want in the future—whenever they want—disregarding your need for electricity. By the way, you, the householder, pay for the battery. Home batteries—why are they needed? They’re needed to ensure stability—the stability of electricity supply. Solar and wind are inherently asynchronous, making them unstable. Coal, hydro, nuclear and gas are all synchronous; they’re stable, reliable, secure. 

As the proportion of electricity from solar and wind increases, the grid becomes unstable. This is fact. It has happened overseas; it has happened here. As the grid becomes more unstable, the ability to reach into Australians’ homes to take over their batteries will be too tempting for you lot, the government. It will be essential, in order to protect our grid, to reach in and control your battery, drain your battery, which you paid for. It will be essential to protect the grid from their onslaught of solar and wind asynchronous generation. The government won’t be able to resist. We already have the data to prove it. Last year, Queensland’s state owned power grid throttled almost 170,000 air conditioners six times in just two months. I’ll say that again: last year, Queensland’s state government owned power grid throttled back almost 170,000 air conditioners six times in just two months, under a scheme called PeakSmart, to try and protect the grid as it buckled under the net zero transition. Under the PeakSmart scheme—that’s a good name, isn’t it?—users were not even told their air conditioners were being throttled. They were not even told. I have, since the start, been aware of these meters being considered, because the so-called energy transition is really an energy reduction, an energy restriction, an energy control. The objective is control. I’ve been saying this since 2016. The objective is control—furtive, unexplained control of your access to electricity; furtive, unexplained, unaccountable control of your access to electricity. So much for transparency under you lot in the Albanese Labor government. 

That’s why One Nation is moving this motion to have an inquiry into the rollout of smart meters and what consumer protections are needed. Right now, there are no consumer protections—none at all—and the public has been misled. Deceitfully, the truth is hidden. Why would they hide it? Because they’re out to get you, to screw you. What protections are actually in place to make sure power companies aren’t going to gouge Australians through a smart meter? Right now, it looks like nothing. The smart meter rollout was changed from voluntary to mandatory without any notice despite the many problems that had been raised and pointed out. Australians pointed out the many problems to the government: Why? Who benefits? It’s certainly not everyday Australians, who this Labor government dishonestly pretends to serve. Instead, it’s stealing. One Nation wants this inquiry to answer these questions and many more. 

When it comes to Australians battling greedy power companies, including foreign multinationals, One Nation backs Australians every day of the week. We back you, Australians. I encourage the Senate to send the issue of smart meters to an enquiry and to back Australian consumers being protected from greedy power companies, including foreign multinationals in charge of vital parts of our essential infrastructure. Our electricity grid is arguably the most important infrastructure in our country. Will the government oppose this reference for a Senate committee inquiry and continue to hide the truth from Australians? Or will it be open? Will you be open, transparent and honest with the Australian people 

The ACTING DEPUTY PRESIDENT (Senator Hodgins-May): There are no further speakers. The question is that the motion put by Senator Roberts be agreed to. A division is required. We will defer that division to tomorrow. 

Debate adjourned. 

Australia was once the richest country per capita in the world. Today, we have the worst poverty I’ve seen in my lifetime—yet we still have abundant resources, farmland, and energy. Successive Liberal and Labor governments have shut down industries that provided breadwinner jobs, strangled farmers with green tape and UN blue tape, and sold out our wealth.

Our GDP is growing, yet Australians are getting poorer. Wealth is being transferred to foreign billionaires and their investment funds—BlackRock, Vanguard, State Street—who now control our banks, retailers, telcos, and energy companies. Prices go up, markets are rigged, and everyday Australians are pushed into poverty while executives take multimillion-dollar salaries for compliance. Housing is worse than ever. Rents in Sydney have surged 40% since 2021, and Melbourne and Brisbane aren’t far behind. Over half of low-income renters spend more than 30% of their income on housing. Meanwhile, the government floods the country with mass migration, driving up demand and destroying quality of life. They paper over the cracks with debt, money printing, and more public servants, which only makes things worse. One Nation warned this would happen.

Net zero, mass migration, and bureaucratic strangulation are killing our standard of living—and now one in seven Australians lives below the poverty line, including one in six children.

One Nation has solutions:

👉 abolish net zero policies and subsidies

👉 end mass migration

👉 ban foreign ownership

👉 cut red, green, and blue tape

👉 restore breadwinner jobs

👉 protect our farmers

👉 make housing affordable again

These problems are man-made, and they can be solved. One Nation is right—and we’re fighting for Australians, not foreign billionaires or globalist agendas.

Transcript

Welcome to the latest episode of your favourite TV show: One Nation Were Right All Along. First up, we have the Nationals finally seeing the light of the net zero scam—well, kind of. Their support has gone from unqualified support to ‘how much net zero can we do before we start losing seats?’ In their announcement, Nationals leader David Littleproud said: ‘The Nationals accept the science of climate change and remain committed to emissions reduction. The current aggressive pursuit of net zero is unfairly damaging to regional Australia and economically unsustainable for the country’—he’s waking up—’We need a slower pace aligned with the OECD average’.  

That’s a clever sleight of hand. The OECD reduction has stalled for five years. Their accumulative reduction is currently 14 per cent, and Australia’s is 24 per cent. The latest data will show ours at 28 per cent, double the OECD’s. Tying Australia to the OECD will buy the Nationals an election or two before having to restart reductions. Remember, though, that they still believe in net zero and in the need to cut carbon dioxide production. I welcome the Nationals realisation of the damage net zero is doing and wish they had more courage to walk away from the scam entirely. 

In contrast, One Nation strongly oppose net zero, and we would abolish all federal government net zero mandates, programs and boondoggles. We would shut down all the schemes and departments promoting this scam, saving taxpayers $30 billion every year. This is not the only cost of course. Parasitic billionaires and corporations sucking on taxpayer subsidies and electricity consumer subsidies, and others in private industry, are taking advantage of this scam to build industrial solar and wind, transmission lines, big batteries and other paraphernalia of net zero. This cost will be as high as $1.9 trillion through to 2050. Remember that industrial solar and wind lasts only 15 years, which means everything that has been built so far will not be in use in 2050 and will have to be built again and again. The government’s Bollywood version of the cost of net zero does not take into account this massive expense—nor do they consider the environmental cost of the destruction of native forests for wind turbines, access roads and transmission lines; the cost of dumping these monstrosities into landfill every 15 years; or the run-off from toxic metals from damaged solar panels. This would be hilarious if it weren’t so sad. 

Electricity is an input cost right across the economy. The price of everything you buy, from physical goods in stores to services and financial products, goes up as the electricity bills of the companies providing those services go up. Everyday Australians are poorer because of net zero, and so is Australia’s beautiful natural environment. The government used to say, ‘Renewables are cheaper, so prices will come down eventually.’ However, after 20 years of the transition—the last three at breakneck pace—electricity bills are not coming down; they’re rising rapidly.  

Some of those who are wealthy enough and have an actual house in which to install solar panels and an expensive wall battery are reporting slightly reduced electricity bills. The very few Australians with the money to spend $25,000 on a solar array and wall battery for a home they own are thumbing their noses at the millions that do not have a house and $25,000 to add solar and a battery. Net zero is becoming a case of the haves and have-nots. Those who can’t afford their own electricity generation are left to buy electricity at prices that have increased at twice the rate of inflation since the net zero benchmark year of 2005. It’s a trend that continues, with a nine per cent increase in electricity prices in 2025. 

One Nation are right in our opposition to mass migration. Today we learnt that the majority of Australians agree with us—right again. A poll in the Australian yesterday showed that almost two-thirds of Australians want a reduction in the migration rate; 94 per cent of One Nation supporters support reduced migration, which has now been a feature of One Nation policy for 30 years, ever since the Liberal-National coalition under John Howard doubled migration and started mass migration. Significantly, 78 per cent of coalition voters want a reduction in immigration, and so do 71 per cent of supporters of smaller parties and independents, which does include the teals—so that’s very interesting. 

What caught my eye with the poll is that two parties who have been pushing infinite immigration are doing so against the wishes of their supporters. Only 10 per cent of Labor’s supporters want more migrants, while 49 per cent want fewer. While 27 per cent of Greens voters want more immigration, 32 per cent want less. Immigration is now one of the biggest election issues in New South Wales, which is not surprising, given the rental crisis in the greater Sydney area, thanks to the Albanese immigration invasion. It is interesting to see there is no gender divide on immigration. Opposition to high immigration is spread evenly between men and women. 

It’s a betrayal of the very concept of democracy for this government to continue its globalist agenda to flood Australia with these very high levels of mass immigration against the wishes of the Australian people. Liberal and Labor governments are importing too many new arrivals from cultures that do not readily assimilate and bring with them a religion, Islam, that seeks to carve out a slice of this country to introduce their own system of law—divisive. 

At the same time, the government is inhumanely ignoring the tragedy of the slaughter of Christians in Nigeria, in Sudan and in South Africa. I asked the Minister representing the Minister for Home Affairs yesterday in question time how many Christian refugees we brought in from these trouble spots. The answer was telling: zero! I asked who’s benefiting from Australia’s humanitarian intake. His answer was that the top five countries for refugee visas, 15,000 in all, are all Islamic countries. This is nothing more than selective discrimination against Christians. In the past, Australians would have considered this sedition. One Nation still does. 

Third, One Nation is correct about the standard of living. For years, I’ve been warning the Australian people that the net zero agenda, combined with mass immigration, is destroying business investment in our productive capacity, reducing living standards. Sky News is reporting today just how bad things have become. One in seven Australians now live below the poverty line, and one in six children are below the poverty line. That’s 3.7 million people struggling to pay for food, power and rent in a nation bursting with resources, all a result of Liberal-Labor uniparty policies—mass migration, net zero, housing, overregulation. 

In what was once the richest country, per capita, in the world, we now have the worst poverty in my lifetime, yet we still have the natural resources; the abundant hydrocarbon fuels—coal, oil and natural gas; amazing farmland; and a strong tourism industry. For years, successive Liberal and Labor governments have shut down industries that provided breadwinner jobs in steelworks and heavy manufacturing, and value-adding jobs like textiles. They weighed our farmers down with so much green tape and blue United Nations tape that they are struggling to stay afloat. Australian wealth is being sabotaged in a process called ‘managed decline’. It’s deliberate. Yet our GDP is still growing. What’s going on? Australia’s wealth is being transferred from Australians to foreign beneficiaries. The world’s predatory billionaires have used their investment funds, like BlackRock, First State, Vanguard and State Street, to buy not only shares in Australian companies but entire industries. Except for two of our insurance companies, all our insurance companies are foreign owned. 

Major retailers Coles, Woolies and Bunnings are foreign controlled. The Australian big four banks are foreign controlled, and so are our telcos and oil and gas companies. Satan’s bankers then put up prices, knowing they control the markets, so consumers become price takers. There’s no market anymore; it’s controlled. Australians working at the top of these companies take extremely high salaries—in many cases, multimillion dollar salaries—in return for compliance, and everyday Australians go backwards into poverty. 

The government is making things worse, allowing so many new arrivals that housing prices and rents are forced upwards, while quality of life and standards of living go backwards. In Sydney, median unit rents have surged 40 per cent since 2021, and Melbourne and Brisbane aren’t far behind, climbing more than 30 per cent. For low-income renters, over half now spend more than 30 per cent of their income on housing—30 per cent on housing! Our prime minister went to the last election promising to leave no-one behind, knowing his policies were doing exactly the opposite. The government is now increasing spending on housing, on paid parental leave, on child care and on hiring more and more and more public servants on high wages to paper over what is a crashing economy. The government can’t use debt and money printing forever to save its backside. Debt and printing money cause their own severe economic problems and then more poverty. 

One Nation has opposed the net zero war on business investment. We have opposed the migration invasion, and we warned that these policies, combined with the red bureaucratic tape, green tape and blue United Nations tape would destroy the standard of living in our beautiful country. And it has. We bloody told you so! We have put forward solutions and practical, effective policies to solve all these challenges—proven solutions. All these issues are due to decades of dishonest Liberal-Labor uniparty policies and laws. As President John F Kennedy said: 

Our problems are man made. Therefore, they can be solved by man. And man can be as big as he wants. 

One Nation is right. 

I have consistently asked the government and its bureaucrats for a straight answer on the total cost of reducing Australia’s carbon dioxide emissions to meet their targets, yet no one can provide it. I’ve heard figures ranging from hundreds of billions to $1.9 trillion, but Australians deserve to know the real number. We need transparency on what these policies will cost compared to doing nothing at all.

I made it clear what I’m asking about: the costs of wind and solar generators, transmission lines for scattered renewables, shutting down coal, restrictions on livestock, bans on petrol and diesel engines, and the impact on vehicles like the V8 LandCruiser. These are sweeping changes that will reshape our economy and lifestyle. Officials agreed to take my question on notice, but the fact that they cannot answer upfront is deeply concerning.

I also raised the issue of rising electricity prices and subsidies. Net zero policies are driving up power costs, threatening industries like aluminium smelting. The government then uses taxpayer money to subsidise vulnerable consumers, adding another layer of expense. I want to know the total cost of these subsidies and interventions. Australians need the full picture before we continue further down this path.

Finally, I challenged the minister on what Australians call the “ute tax,” which is hurting vehicles like the V8 LandCruiser. He denied its existence but admitted the government introduced fuel efficiency standards, this is just a net-zero tax in disguise. He claims these standards will save consumers money, but I remain concerned about their impact on vehicle choice and affordability, especially for regional Australians. These policies are not just about efficiency—they are part of a broader net zero agenda that is increasing costs, threatening jobs, and changing our way of life without honest disclosure of the consequences.

Transcript

Senator ROBERTS: Thank you for being here again. It seems to me that everyone in government and the bureaucracy is incapable of telling people how much reducing Australia’s carbon dioxide—  

CHAIR: I will stop you right there. We will be respecting the people sitting at the table. Would you like to rephrase your question?  

Senator ROBERTS: I can’t get an answer from the government or the bureaucracy on how much it’s going to cost in total overall for cutting Australia’s carbon dioxide production to meet your targets. Why is that? I’ve heard everything from a couple of hundred billion here or there to $1.9 trillion. What is the number?  

Mr Fredericks: Senator, I know we’ve had this discussion before. I think the generality of your question makes it very hard for us as officials to answer it in any meaningful way. We always want to try to assist you because your questions as a senator are legitimate.  

Senator ROBERTS: Thank you.  

Mr Fredericks: If there’s a way you can in some way refine it, we can have a crack. Otherwise, if you think it would be better to put it on notice, and we can give you a response on notice, I’m happy to do that.  

Senator ROBERTS: Thank you, Mr Fredericks. I will accept your invitation. I’m talking about all the costs of wind, solar generators and power lines needed for the scattered wind and solar; the killing of coal; the killing of the farting cows; the banning of petrol and diesel engines; and the killing off the V8 Toyota LandCruiser. How much is it all going to cost Australia to get to where you somehow think we’re going to be in 2050 compared to just letting Australians be? What is it going to cost to do all of that versus what does it cost to do nothing?  

Mr Fredericks: Senator, I think if it’s okay with you, we’ll take that on notice. Because you’ve given some specificity, we are in a position to be able to describe, as it appears in the budget, costs associated with some of the measures you just described. We can legitimately do that. We will take that on notice and do that.  

Senator ROBERTS: Excuse me. So you understand what I’m asking now, even though I haven’t named every single component? There are a hell of a lot of components that I would like to know the cost of.  

Senator Ayres: I think, Senator Roberts, that Mr Fredericks has said that they will answer it as far as they can. I can say to you that in your question were a couple of assertions. Killing off the V8 Toyota LandCruiser is not an initiative of the Albanese Labor government. Killing the Australian auto industry was an initiative of the Morrison, Abbott and Turnbull governments. International auto makers now make vehicles. Australia doesn’t make cars anymore because they killed the industry. That is not something that can be costed, Senator. It’s the economic harm that is done by coalition governments to Australian manufacturing that is entirely the responsibility of Mr Hockey—I saw him featured in the newspapers yesterday; it was a pretty interesting article— Mr Abbott, Mr Turnbull, Mr Morrison and Mr Frydenberg. All these characters thought it was an act of total genius to kill 40,000 jobs and Australia’s capacity to make cars. You can see that there is a contrast with this government. There is $2 billion, for example, in your home state of Queensland, to back the aluminium sector so that investment is sustained in Australia. The aluminium sector is going through their own process. You might not like it. They have just on the back of that announcement—  

Senator ROBERTS: I’m not asking about the aluminium sector.  

Senator Ayres: I know you like the aluminium sector. You might not like the fact that they are shifting to a lower carbon profile. They have on the back of the Albanese government’s investment in the aluminium sector. It has given them the confidence to invest themselves $2 billion in renewable energy capability in Queensland. That’s more jobs for Queensland with a government that has a local content plan for the renewables sector, which will mean more engineering, more structural steel and more jobs in Queensland.  

Senator ROBERTS: Minister, the key issue in producing aluminium in Queensland is the prices.  

Senator Ayres: I didn’t interrupt you, Senator. I’m just trying to make the point that some of the assertions you make go to things that are not what the government is up to here. The government is up to supporting Australian manufacturing and Australian industry and rebuilding a modern electricity grid so that we are competitive for the future.  

Senator ROBERTS: Thank you.  

Senator Ayres: That’s what we’re up to. The fruits of that are most starkly evident in regional Queensland at the moment, where 5,000 jobs are sustained in Gladstone and Central Queensland because of that one announcement and investment in new renewable energy capability. The alternative is the plan that these jokers have for nuclear reactors that will force the aluminium sector offshore just like the auto industry was forced offshore.  

CHAIR: Minister, I will ask you to refer to our colleagues respectfully.  

Senator Ayres: What did I say? I’m sorry.  

CHAIR: You called them jokers.  

Senator DUNIAM: We don’t normally joke about things. In the vein of respect—  

Senator Ayres: My friends over here.  

CHAIR: Thank you very much, Minister. I appreciate that.  

Senator Ayres: Sorry, Senator Roberts. I took a side track.  

Senator ROBERTS: Gladstone is under threat because of both this government and the previous government’s passion for net zero. That’s why it’s under threat. Electricity prices are the key ingredient to an aluminium smelter. I happened to live in the Hunter Valley when the alumina smelter at Kurri was built. I know that it has shut down and others are under threat now because of electricity prices and the conversion to net zero. I would also like to understand the subsidies, the support, and what that is going to cost. We have these net zero policies increasing the cost of electricity. We then have the government milking the taxpayer and electricity users to subsidise people who are vulnerable. I would also like to know that specifically.  

Senator Ayres: I want to make two observations about that.  

Senator ROBERTS: By the way, Minister, you introduced the ute tax. That’s what is hurting V8 LandCruisers. Did you not?  

Senator Ayres: I want to make a few observations about this. Firstly, Senator, the most disturbing thing I’ve heard this morning is your assertion that you were around in the Hunter Valley when the Kurri smelter was built. I cannot believe it. You look so youthful.  

Senator ROBERTS: I used to go to school at Kurri.  

Senator Ayres: Really there’s cognitive dissonance there. I am going to have to adjust to this idea.  

Senator ROBERTS: I went past the Kurri aluminium smelter on my way to Kurri High School every day.  

Senator Ayres: I once persuaded somebody who didn’t come from the Hunter Valley that there were two towns in the Hunter Valley—one called Kurri and the other called Kurri.  

Senator ROBERTS: Wagga?  

Senator Ayres: Indeed. That’s right. Senator—  

Senator ROBERTS: Did you or did you not introduce the ute tax that is killing V8 LandCruisers?  

Senator Ayres: Well, there’s no arrangement called the ute tax. You know it. If people want to buy LandCruisers or any other kind of vehicle, they are very welcome to. The broader point, though, is that because the questions you ask go outside the scope, apart from the assertions that I don’t agree with and the ones like your relative age that I can’t reconcile myself to, we will take those questions on notice. The department will do their best to look within the scope of their responsibilities to answer on the cost of measures. I will—  

Senator ROBERTS: It is disturbing that you are now qualifying Mr Fredericks’s answer.  

Senator Ayres: I think I’m saying exactly the same thing as Mr Fredericks; that is, we’ll take those things on notice and they will answer to the extent that they can.  

Senator ROBERTS: That they can? Senator Ayres: Yes. They can answer questions that go to the scope of the department’s activities. If you want economy-wide measures—even if you end up at PM&C or Treasury—you will find that a very substantial number of these investments is private investments. They are encouraged or facilitated by developments in the international market and developments that the Australian government is supporting. You mention government support. We unequivocally support Australian manufacturing. The biggest program factor—  

Senator ROBERTS: It is being called by your policy of net zero.  

Senator Ayres: is the biggest pro-manufacturing package in Australian history to back investment in areas such as critical minerals, iron and steel and aluminium. It is backing current jobs and prospective investment. It is the kind of thing I would have thought your political party would support. The alternative is zero in industry policy and forcing important industries such as the auto industry offshore, which is what my friends over there, in the era they want to go back to—the Morrison period.  

Senator ROBERTS: We’re very pleased, Minister, to say our policy—  

Senator Ayres: The Morrison period, where they want to go back to, had 40,000 jobs gone. I think it’s a very strong contrast and one that I’m very happy to talk about over the coming weeks and months.  

Senator ROBERTS: Our policy is to end net zero and restore manufacturing. Do you admit, Minister, that a Toyota V8 LandCruiser simply cannot survive under your vehicle emissions rules and that you effectively killed it off?  

Senator Ayres: I can answer in terms of my own practical experience. I went in to work this morning. There were all sorts of vehicles on the road. Some of them were old vehicles. Some of them were new ones. Some of them had been purchased new. Some of them had been purchased second-hand. The government has, as we canvassed a bit earlier before you came in—  

Senator ROBERTS: Minister, everyone can see you on TV.  

Senator Ayres: But you came in—  

Senator ROBERTS: Everyone can see you answering this question.  

Senator Ayres: The government has introduced a set of fuel efficiency standards. Before that, Australia was operating on the basis of standards that had been developed in the 1970s. We were the dumping ground for vehicles just like the Russian economy and a couple of other places around the world that hadn’t taken this step. It’s in the interests of—  

Senator ROBERTS: I’m deeply concerned about Australians.  

Senator Ayres: It’s in the interests of people having to buy less fuel. It’s cheaper for people when there is a vehicle efficiency standard. It means that cars aren’t overusing petrol or diesel. It costs less to get from one place in regional Queensland to the other because you are using less fuel. That’s a good thing. It’s a good thing for consumers. It’s a pity that we don’t have an automotive manufacturing sector in Australia that would be able to take advantage of those things as well and build LandCruisers, Hiluxes and all sorts of things for the Australian market and the international market. We lost that opportunity because of previous—  

Senator ROBERTS: Power prices are rising too high.  

Senator Ayres: Because a previous government decided to force the auto industry offshore.  

CHAIR: We will move on.  

Senator ROBERTS: Thank you. Thank you, Minister. 

PM Albanese called communist China a “friend.” Let’s be clear: China produces Australia’s yearly carbon dioxide output every 12 days and is building more coal-fired power stations—98 gigawatts last year alone, one-and-a-half times Australia’s entire electricity market. Yet Australians are being forced to sacrifice our living standards, pay skyrocketing power bills, and lose manufacturing jobs on the altar of net zero. I asked Minister Wong what penalties she’s threatened against China for doing the opposite of what her government demands from Australians. The answer? None.

Instead of holding China accountable, this government is destroying our cheap, reliable coal generation to satisfy foreign dictates from the UN, the World Economic Forum, and the Paris Agreement. Minister Wong admitted the market has turned against coal because of policy instability—but that instability was created by the very politicians pushing net zero. They claim this is about “opportunity” and “prosperity,” yet Australians are paying the price while China powers ahead with coal.

Net zero is not about facts or fairness—it’s about control. The government says the world is moving, but the truth is China is moving in the opposite direction, using our coal while we shut ours down.

This hypocrisy is costing Australians jobs, wealth, and affordable energy. One Nation will keep fighting to end this madness and put Australia first.

Transcript

Senator ROBERTS: My question is to the Minister for Foreign Affairs, Senator Wong. Last week, Prime Minister Albanese called communist China a friend. A recent study shows that, in every 12 days, China produces Australia’s yearly carbon dioxide output. Each year, China increases its carbon dioxide output. China has 66 coal-fired power stations for every one of Australia’s and is building more. Australians have been asked to sacrifice our living standards, power bills and manufacturing jobs on the altar of net zero. Minister, what have you threatened to levy on China if they don’t do the same thing your government is asking Australians to do—to stop using our coal? Or are the climate dictates turning your government into hypocrites on the world stage? 

Senator WONG (Minister for Foreign Affairs and Leader of the Government in the Senate): Thank you, Senator. I would make a few points. The first point I’d make about our commitments to reduce emissions is that we are making commitments as a country because we recognise the economic imperative of transforming our economy in the context where so much of the global economy is doing the same thing. I appreciate, Senator, that you and I just simply will not agree on this. We see the imperative to transform our economy and take advantage of the opportunity renewable energy brings. We see what is happening across the world, and we want to ensure that Australia has the opportunity to continue to be a prosperous and strong nation in that context. 

We simply have a different view on why, as a country, we should not turn our back on climate change. We should not turn our back on renewable energy, and, frankly, we should not turn our back on facts. The facts are that the world is moving. The facts are that coal-fired power is declining in this country. Was it 24 out of 28—24 out of 28 coal-fired power stations announced they were closing under the coalition. That gives us a very clear view about what the transition is. 

The PRESIDENT: Senator Roberts, first supplementary? 

Senator ROBERTS: If the Prime Minister’s friends in communist China can use Australia’s coal and you won’t tell them off, why can’t Australia use our coal here? Are you too scared of communist China to hold them accountable? 

Senator WONG: Senator, 24 out of 28 coal-fired power stations announced they were closing within the decade under the coalition. At that time, eight had already closed, including Hazelwood, because they were too old and at the end of life. The absence of a stable policy framework meant that investors voted with their feet—or, in this case, the money—and didn’t invest. 

The PRESIDENT: Minister, please resume your seat. Senator Roberts? 

Senator Roberts: I rise on a point of order: relevance. We’re talking about China, not the coalition. 

The PRESIDENT: Thank you, Senator Roberts. The minister is being relevant to your question. 

Senator WONG: I am making the point that, whatever you may think—and I disagree with a great deal of what you say—about why you support coal, the market is not supporting coal. I mean— 

The PRESIDENT: Order! Minister Wong, did you want to continue? 

Senator WONG: No.  

The PRESIDENT: Order! Come to order. Senator Roberts, a second supplementary? 

Senator ROBERTS: Your friends in communist China began and resumed construction of 98 gigawatts of coal power last year alone. Many of these will use Australian coal. That is one-and-a-half times Australia’s entire national electricity market capacity in one year. Why is your government destroying our cheap coal generation in our country to satisfy foreign dictates from the United Nations, the World Economic Forum and Paris Agreement while communist China does the opposite—China, not Malcolm Roberts? 

Senator WONG: Again, I disagree with almost everything you have just put to me in that question. What I would respond to specifically is the point about the why. You see, we are not doing this because other people are telling us to do this; we are doing this because we believe it is the right thing for the country, the right thing for future generations but it is also the right thing for our economy. Amidst all of the interviews that were done recently by the coalition in the last 72 hours, Senator Bragg made a very important point when he was talking about net zero and the policy debates of the coalition. He said, ‘The debate is over. What I am saying is, in terms of the economic debate around the world, it is over. Capital markets have made their minds up. There is a wall of money going to renewable energy.’ 

The Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024 is yet another example of the wasteful, agenda driven legislation that a One Nation government would abolish. For three decades, Australians have been held hostage by the costly green climate scam – climate fraud. This Bill continues that trend—now with a hint of desperation.

One Nation stands with everyday Australians. In contrast, the Liberal-Labor-Greens alliance has long served the interests of globalist elites, foreign corporations, unelected non-government organisations, the UN and the World Economic Forum.

Minister Chris Bowen — otherwise known as the “Minister for Blackouts” — is acting like a addicted, compulsive gambler chasing losses, dragging the nation deeper into debt. If the government truly believes in the merit of this bill, it should table the rules and show Australians exactly where the money is going.

The net zero transition is not helping the environment — it’s harming it. It’s driving up costs, strangling businesses and pushing families into poverty.

It’s time to face reality: net zero is a scam. Only One Nation has the courage to call it out, and a real plan to put Australians first—by restoring affordable energy, rejecting imported UN and WEF ideologies, and putting more money back in your pocket where it belongs.

Transcript

The Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024 is a perfect example of the garbage legislation a One Nation government would abolish. For 30 years, Australia has been held hostage to the green climate scam/climate fraud. With this legislation, the boondoggles continue—this time with a hint of desperation. 

The bill has three schedules. The first introduces a hydrogen production tax credit of $2 a kilogram of hydrogen. This is supposedly to encourage the production of hydrogen for use in processes that contribute to the meeting of net zero targets. There it is again, raising its ugly head: net zero targets. There is a reason that green hydrogen is going up in flames faster than the Hindenburg. If hydrogen were commercially viable there would be a queue of companies producing and using hydrogen, but there aren’t. There would be a queue of bankers lending for new hydrogen production. That isn’t happening either. In fact, the reverse is true: companies and banks are pulling out. One Nation has a different strategy to encourage production. It’s called the profit motive. 

Eighteen months ago Canadian gas giant ATCO scrapped plans for one of the first commercial-scale green hydrogen projects in Australia, despite strong funding support from the government. Why? Because the numbers did not add up. In a sign of the times, Shell withdrew from a project to convert the Port Kembla steelworks into a hydrogen powered green steel project in 2022. Only last week BlueScope announced a $1.15 billion upgrade to the same Port Kembla plant to produce steel for another 20 years using coal. The Hydrogen Park project in Gladstone, in my home state, was suspended after the Queensland government and the private partner withdrew. Despite the hype, this project would have only produced enough hydrogen to power 19 cars, while employing a handful of people. On the other hand, the Port of Gladstone’s container-handling development, a real project, which One Nation has championed for years and which will be starting construction shortly, will bring thousands of jobs to Gladstone, with $8 billion of private sector investment—real breadwinner jobs, real future productive capacity. 

Now, there have been some promising developments in hydrogen powered cars, mostly from Japanese makers. With zero tailpipe emissions, a longer range and faster refuelling, they contrast with the high cost and impracticality of EVs, electric vehicles, to achieve the same outcome. But the Japanese are trialling these on the basis that they may be legislated. The Japanese are covering their options. It should be noted that this research is being conducted in the private sector, acting out of a profit motive. Nothing our government has done will develop this technology. Consider Honda, for example. It is a disciplined, respected car maker—one of the leaders in the world—with an amazing culture. It is a leader in hydrogen. It’s marking time. It has hydrogen powered vehicles on the road, but it’s using its shareholder money to support them, prudently, just in case they’re legislated. 

There’s nothing in the hydrogen schedule of this bill that will provide Australian taxpayers with value for money—nothing—and it’s a bloody lot of money: $6.7 billion over 10 years. I can just see Chris Bowen and Mr Anthony Albanese tossing out another few billion, $6.7 billion, to add to their trillions that will be invested eventually in this net zero madness. One Nation opposes schedule 1 of the bill, and if the bill is passed it will be repealed when One Nation repeals all of the green climate-scam legislation. 

Let’s move to schedule 2. Schedule 2 of the bill creates production tax incentives for transforming critical materials into a purer or more refined form. The materials in question are those that are used in wind, solar and batteries to firm unreliable, unaffordable, weather-dependent power—more money being thrown down the sewer. This section of the bill is directed at an industry that already receives government support through other schemes, including the Critical Minerals Facility, which offers loans, bonds, equity guarantees and insurance; the National Reconstruction Fund, which offers concessional loans, equity and guarantees; the Northern Australia Infrastructure Facility, which offers concessional loans, equity and letters of guarantee; and the Critical Minerals Research and Development Hub, which offers in-kind support via free research and development—not free to the taxpayers funding it but free to the company—which is separate to the normal research and development tax incentives from the Australian Taxation Office. We’re tossing money at these people, and it’s wasted. How much assistance does one industry need? How much, government? After all this assistance, who gets to keep the profits generated from all this taxpayer largesse? The processors do. The critical minerals proposal in schedule 2 will cost $7 billion over 11 years—another $7 billion. ‘What’s a billion here or there?’ says the government. 

The Albanese government is socialising the costs and privatising the profits. We pay for their development and the costs, and the companies take the profits. Worse, there’s no requirement that the recipients are Australian owned. What are you doing with people’s money? What would actually help critical minerals in Australia is One Nation’s proposal for a northern railway crossing from Port Hedland in the west to Moranbah in Queensland to open up the whole Top End and provide stranded assets like critical minerals with access to manufacturing and export hubs. 

Let’s move on to the third schedule, the final schedule. It’s even worse. The bill changes the rules in the Aboriginal and Torres Strait Islander Act to allow Aboriginal communities wider borrowing powers. The new rules are not specified. Those will come later from the minister. Not only is this a failure of transparency, it creates a second round of debate when the rules are released. It creates more uncertainty. Rules written under proposed legislation should be included with the legislation so the Senate knows exactly what it is voting on and how the powers will be used. But we don’t, and yet you’re going to vote on this. Without those rules, One Nation cannot support this schedule either. 

In One Nation, we support the people. The Liberal-Labor-Greens, though, have decades of serving masters outside the party—globalist, elitist, parasitic billionaires, foreign corporations, non-government organisations, the United Nations and the World Economic Forum alliance. The Senate is open to conclude, given the location of this provision within a bill about injecting money into the net zero scam, that net zero is the destination for this extra borrowing—financing Aboriginal corporations to create their own government subsidised businesses and doing things private enterprise won’t touch. 

Minister for Climate Change and Energy, otherwise known as ‘Minister for Blackouts’, Chris Bowen, member of parliament, is behaving like an addicted, compulsive gambler who has done all of his own money and is now dragging his friends into his black hole. If this bill is passed, the Aboriginal community will be shackled with debt for pointless financial boondoggles that have no chance of commercial success—none. If this is not the intention, then the minister must table the rules. Let’s see what the government does intend. 

The net zero transition is destroying Australia and doing nothing for the natural environment. It is hurting the natural environment. The public are turning against the whole scam now that they realise the cost benefit is not there. It’s costing them money and needless suffering. Business is turning against net zero because its carrying the full cost of soaring power prices and extra green tape. It’s now coming out in the papers—the mouthpiece media. Minister, give it up, turn on the coal- and gas-fired power stations and save Australia from more suffering. 

I’m now going to raise some additional points, related points, explaining what underpins the hydrogen scam and climate fraud. The Senate seems to be populated, mostly, with feeble-minded, gutless senators. Never has any empirical scientific data been presented as evidence, within logical scientific points, proving that carbon dioxide from human activity does what the United Nations and World Economic Forum and elitist, fraudulent billionaires claim—never, anywhere on earth. Or do such uninformed, gullible proponents in parliament have conflicts of interest? For example, the teals and possibly the Greens, it seems, receive funds from Climate 200, which spreads money from billionaire Simon Holmes a Court, who rakes in subsidies for solar and wind. Are the teals, including Senator Pocock, and the Greens gullible, or are they knowingly conflicted and pushing this scam? Only One Nation opposes the climate fraud and the net zero scam. One Nation will pull Australia out of the United Nations World Economic Forum’s net zero target. One Nation has a plan to put more money into Australian pockets, giving you choice on how you spend your money rather than letting these people here waste it for you with the needlessly high cost of living. 

Why do electricity bills keep skyrocketing when we switch to LED lights and star appliances, and when we get power from huge solar and wind generators? The people have been conned by the energy relief fund, which has suppressed what they see in their electricity bills. When that fund comes off soon, you’re going to be in for a nightmare, a shock. Only One Nation has the policies to put more money into people’s pockets now. For some insight from overseas, President Trump says it so well in his 20 January executive order: 

The United States must grow its economy and maintain jobs for its citizens while playing a leadership role in global efforts to protect the environment. Over decades, with the help of sensible policies that do not encumber private-sector activity, the United States has simultaneously grown its economy, raised worker wages, increased energy production, reduced air and water pollution … 

That’s exactly what we’ve been saying for years, for decades in fact, in One Nation. And that’s exactly the opposite of what the Greens, the teals, the Labor Party, the Liberal Party and the Nationals are pushing with net zero. 

I have one final point. I remember Scott Morrison as prime minister at the time, a few years ago, introducing some green hydrogen scheme incentive, with more subsidies from taxpayers to foreign, predatory billionaires. He said at the time that a price of $2 per kilogram for hydrogen would be fine. We worked out that the price of electricity at that price for hydrogen is $200 per megawatt hour, which is exorbitant. It’s almost 10 times what the fuel costs are for coal. What he didn’t tell you at the time, and what Labor has blindly followed, was that the actual price of hydrogen was $6 per kilo. Pipedreams are now becoming nightmares for people across Australia. 

Only One Nation opposes the climate fraud and the net zero scam. Only One Nation will pull Australia out of the United Nations World Economic Forum’s net zero target. We are importing ideology from the United Nations and the World Economic Forum, and we are importing poverty and deprivation. One Nation, though, has a plan to put more money into Australians’ pockets, to give you choice on how you spend your money. 

Australia watched the Treasurer turn the cabinet room into a stage for business and union bosses instead of using it for real cabinet deliberation. The roundtable wasn’t about shaping policy—it was about rubberstamping what the government had already decided. Their attempt to link productivity to higher taxes collapsed, and Australians are left wondering why this government keeps chasing revenue instead of fixing its spending problem.

One Nation will fight the Albanese government’s tax hikes and end the wasteful net zero transition that’s draining billions a year while driving private enterprise away. We will restore fiscal sanity by cutting unnecessary spending, imposing an eight-year residency requirement for Social Security, and cracking down on fraud in agencies such as Centrelink, Medicare, the NDIS, and the PBS.

Smaller government and a sensible energy policy will deliver real productivity gains and prosperity for Australians—especially our young.

Transcript

Last week, Australia watched the Treasurer host business and union bosses in the cabinet room. The irony escaped the Treasurer—using the cabinet room to hold a policy debate cabinet itself should be doing. The usual suspects were not there to help form government policy; they were there to rubberstamp the policies the government intends to implement in this parliament. The roundtable even failed to achieve that. We know this because the ABC leaked the outcome of the week before. That communique remains in Treasurer Chalmers’s drawer, abandoned and unloved. The core intent—making productivity about taxation—failed.  

One Nation will oppose the tax hike the Albanese government will still try to introduce to cover its growing financial black hole caused largely through the increasing use of taxpayer money to pay for a net zero transition from which private enterprise is walking away—indeed, running away. This government doesn’t need more revenue; it needs to spend less money. One Nation will abolish the net zero transition, saving the government $30 billion each year in direct expenditure and generating that much again in extra revenue from a revitalised economy. One Nation will impose an eight-year residency requirement on access to social security, taking tens of billions of dollars off the cost of Centrelink, Medicare, the NDIS and the PBS and giving auditors and police a chance to investigate and prosecute the rampant fraud. Net zero insanity, deficit spending and throwing cash at new arrivals are robbing our children of their future.  

Smaller government and a sensible energy policy are where productivity improvements will actually come from. One Nation’s policies will restore wealth and prosperity for all who are here, especially our young. The Albanese government will just take your money and leave working Australians with less—much less. A One Nation government, though, will restore Australia. 

Bendigo and Adelaide Bank deny home loans to mining communities

Australian banks are the world’s most profitable, raking in $30bn in profits last year. Much of this was sent overseas to their foreign shareholders, including the usual suspects – Blackrock, First State, and Vanguard. In total, Australian banks paid $27 billion in dividends, of which 26% or around $7 billion was sent to foreign-owned corporations.

Every dollar which goes overseas in dividends is a dollar Australia never sees again, reducing our GDP and making us all poorer.

In this Parliament, One Nation will introduce legislation to create an Australian People’s Bank, with 100% Australian ownership and a Banking Code of Practice which gives customers rights and protections that have been removed from the code being used by Australian banks.

Rural and Regional customers will benefit the most, with many Australian towns no longer having a single bank branch.

Banking greed, dishonesty, and profiteering is something I have been working on since coming into the Senate in 2016.

In 2017 One Nation were successful in creating a Select Committee on Lending to Primary Production Customers. It was obvious to the Senate the banks were screwing over the bush.

Specific issues raised by the Inquiry have been substantially addressed although remediation has not occurred. The big banks are behaving more responsibly in their lending practices as a result of this Inquiry and the Royal Commission that followed.

While lending practices have improved, the banks have turned to other schemes to make their excessive profits.

One area of great concern, one which will be corrected by a People’s Bank, is the closing of bank branches, forcing customers online.


In the last 10 years 2,500 bank branches have closed


I have written about the effect this has before. Today there is a new scam I want to alert you to. I thank the fearless journalist Dale Webster for her work on this topic: link to her article titled “Burning Down the House”.

The culprit this time is the Bendigo and Adelaide Bank, Australia’s fifth largest bank.

Bendigo are refusing to give home loans to any town or region which hosts a mine. This includes any mine, no matter the purpose – gold, coal, iron ore, bauxite, rare earths needed for the technology – everything.

Yes, the Bendigo Bank is black-banning towns where the very materials are mined that are used to make the computers that run their bank. What folly.

Anyone applying online for a loan to buy property in a mining area is immediately denied. Home lending in all of Queensland’s mining regions – from coal, oil and gas to opal mining – is knocked back by Bendigo Bank. Yes, even opals.

Distinct areas separated from others by favoured postcodes include Moura (4718) in the Bowen Basin coalfield, home to the Dawson Coal Mine, Mount Isa (4825), site of one of Australia’s largest copper and zinc mining complexes, and the world-renowned opal fields surrounding Quilpie and Longreach.

Coal centres Moranbah, Dysart, Clermont, Emerald, and Blackwater are no home-loan zones, as is the Roma-Miles-Dalby district, the site of Australia’s first oil and gas discoveries. Weipa, built by Rio Tinto to house bauxite mine workers in Far North Queensland, gets an instant knockback as does Tieri, built to house coal workers north of Emerald.

In the course of this investigation, more than 1,000 locations across Australia have been run through Bendigo Bank’s online loan process to verify whether this is truly a mining blacklist or if these postcodes are part of a bigger cohort focusing on general risk.

The Australian Taxation Office’s 10 lowest earning suburbs in every state and territory for 2021-22 were reviewed. The top 100 riskiest suburbs to purchase housing in for 2024 according to Realestate.com were reviewed. Climate Valuation’s top 30 suburbs by ‘number of high-risk properties from all climate change hazards by 2030’ were reviewed. All were approved.

Bendigo Bank will lend for housing in the poorest, riskiest, and most isolated places in Australia rather than a mining area.

This is not about risk, this is about social engineering.

Bendigo and Adelaide bank are publicly-listed Australian companies. They have a fiduciary duty to their shareholders to act in their best interests, not indulge their own prejudices.

As Dale points out, the embarrassing thing is that Bendigo, the city from which Bendigo Bank takes its name and where it has its head office, was built on gold mining.

If people cannot finance their home purchases these towns will die. This is a deliberate and possibly criminal attempt by the Bendigo Bank to destroy mining in Australia by destroying the towns that support the mines.

Once an area loses housing credits and mortgages the bank in that area can be closed, using the lie that there is no longer the demand for the branch. The truth is the banks are creating the lack of demand by withdrawing key banking services and engineering the closure.

Do you hear a peep out of the leadership of the Nationals or the Liberals about this? No of course not.

Opposition Leader Sussan Ley and Nationals Leader David Littleproud take their orders form the same predatory merchant banks that Bendigo Bank does. The Liberals, in particular, have overseen this destruction of retail banking in Australia since the time of Prime Minister Howard.

Only One Nation will fix this profiteering and control agenda by creating a People’s Bank.


Mining towns debanked by Senator Malcolm Roberts

Bendigo and Adelaide Bank deny home loans to mining communities

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