Labor won’t be scrapping the botched Return and Earn scheme despite admitting it isn’t working.

Shadow Environment Minister Penny Sharpe says if Labor wins the next election, they’ll keep the scheme and aim to “fix it”.

“This has been the case study of what not to do,” Ms Sharpe tells Chris Kenny.

“Labor won’t be moving to scrap the scheme but we will be seeking to fix it.”

The Container Deposit Scheme which was rolled out in December and has been a disaster from the start.

Just this month, Ben Fordham revealed NSW residents have forked out an extra $156 million as bottled drink prices spike.

But it doesn’t end there.

Today, it’s reported we’ll be charged at least $215 million a year under the scheme.

Ms Sharpe says Labor won’t be wiping the slate clean.

“We are going to look at every single way to reduce costs and to make it work,” she says.

Chris Kenny says its bad news on all fronts.

“There’ll be more laws, more regulation, more meddling, more cost and it’s not going to make it any easier on you at all.”

Click PLAY below for the full interview

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