Opened the debate
Smith argued that energy insecurity was driving economic insecurity, citing a 32 per cent rise in electricity prices and a 139 per cent surge in spot prices between May and June 2025. Smith contended that the government had failed to deliver on its promise of a $275 bill cut, with prices instead rising by up to $1,300 more than projected. The senator criticised the lack of transparency in the government's energy policies, particularly regarding the CSIRO GenCost report, and warned that the push for renewables was risking the competitiveness of Australian industry.