#Carbon Price
Three ways to future-proof your business against the carbon tax
The carbon tax will be introduced in July this year, bringing higher running costs to businesses. Here’s three easy ways you can future proof your business’ bottom line against the looming tax.
A look at what the carbon tax really means
Brad Callaughan blogs about what the carbon tax really means for small businesses. “Talking to businesses, I sense a lot of unease about this new tax and the lack of information out there that allow us to understand and prepare for this new tax…”
The legality of passing on carbon tax costs
The carbon tax is coming, and lawyers are warning that businesses must review their contractual rights and obligations around the passing on of carbon costs so they’re not left with an unacceptable share of the cost burden when the legislation kicks in.
ACCC releases carbon price guide for business
The Australian Competition and Consumer Commission (ACCC) is working on a guide to assist businesses in understanding their rights and obligations when making claims about the impact of the carbon price.
Carbon tax to become law, business unhappy
The Gillard Government’s carbon tax legislation has passed through Parliament, making it certain a tax of $23 per tonne of carbon on the country’s 500 worst polluters will begin in 2012, and businesses aren’t happy.
Carbon tax to hit food manufacturer profits: AFGC
Local food and grocery manufacturers will see their operating profits slide by an average 4.4 percent in 2012-13 as a result of the carbon tax, according to the Australian Food and Grocery Council (AFGC).
Carbon Tax passes through lower house
“It’s been a difficult debate but the debate is now concluded,” Prime Minister Julia Gillard said yesterday as the climate change bills were passed in the lower house of Parliament.
Retailers pessimistic about carbon tax
Retailers remain concerned about the impact of the carbon tax, with a survey revealing 83 percent expect the tax will mean consumers spend less and an even larger number reporting it will have a negative impact on profitability.
AWU backs carbon tax, promises to name businesses who sack workers
The Australian Workers’ Union (AWU) has placed its support behind Julia Gillard’s carbon tax, saying in a meeting yesterday no jobs need to be lost as a result of the scheme.
ACCC given funding to crack down on false carbon claims
The Federal Government has granted additional funding to the Australian Competition and Consumer Commission (ACCC), to assist it in cracking down on businesses that gouge customers by making misleading carbon claims.
Carbon tax uncertainty pulls consumer sentiment down
Consumer sentiment fell 8.3 percent in July, to levels not seen since May 2009, thanks to uncertainty about the carbon tax, concerns over the European financial crisis and the ongoing impact of seven rate rises between October 2009 and November 2010.
Convenience industry calls carbon tax an “inconvenience”
Although Julia Gillard detailed small business exemptions when she announced the carbon price on Sunday, convenience stores say the tax will mean they’ll be faced with greater costs – either to be passed on to consumers or absorbed at the expense of profitability.
Carbon Tax: What it means for SMEs
Julian Smith asks MYOB CEO Tim Reed what impact he expects the carbon tax will have on SMEs. “This new policy is also one of the first to be implemented in Australia without imposing any extra paperwork on small business owners…”
COSBOA calls on SMBs for carbon tax response
COSBOA is asking small businesses to provide information about how the carbon tax is likely to impact them, after people expressed disappointment it didn’t attack the carbon price scheme Julia Gillard announced on Sunday.
COSBOA weighs in on Carbon Tax
In the wake of yesterday’s Carbon Tax announcement, the Council of Small Business of Australia (COSBOA) has said it will do its best to ensure the scheme doesn’t disadvantage small business owners in time or cost.
Carbon tax details finally revealed
Julia Gillard yesterday confirmed long-held speculation her Government would place a carbon tax of $23 a tonne on the country’s 500 worst polluters, with the price to rise 2.5 percent per annum each year after 2012.