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Budget Estimates: Diesel Jay and Labor’s state bank tax

Budget Estimates hearings begin today with Premier Weatherill and Treasurer Koutsantonis to face scrutiny over their diesel generator plan and toxic state bank tax.

Since announcing their energy ‘plan’ in March, the Weatherill Labor Government has spent half a million dollars on political advertising but provided very few details regarding their $110 million plan to install 200MW of temporary diesel generators.

“Instead of spending $110 million on temporary diesel generators, the Weatherill Government could have spent $8 million per year to keep the Port Augusta Power Station open,” said State Liberal Leader Steven Marshall.

“I’ll be asking the Premier to detail where he plans to locate his massive diesel generators and how he expects to lower power prices by installing more expensive generation.”

Details regarding the Weatherill Labor Government’s state bank tax will also be examined by the Estimates Committee.

“Jay Weatherill and Tom Koutsantonis have been reluctant to talk about their toxic state bank tax of late, because they know a new $370 million tax will not create a single job or provide cost of living relief to households,” said Mr Marshall.

“In fact, the Weatherill Government’s own figures forecast jobs growth in South Australia during the next 12 months will be the lowest in the nation, only half that of Victoria.”