#Carbon Price Details
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 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.
Accountants fear carbon tax impacts
Accountants are expressing concern that the financial performance of their small business clients are being put in danger by the carbon tax, with many convinced SMBs won’t be adequately compensated by the Government when the tax is implemented.
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.
What the carbon tax means for you and small business
Brad Callaughan offers up a few tips for small businesses to survive the impact of the carbon tax. “Consumers are going to be the first losers as they’ll have to wear the price increase passed on from small businesses, and the second loser will be small business with landlords keen to pass on any increase to their costs.”
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.
Carbon tax leaves 2 million SMEs uncertain: IPA
More clarity is needed around the Government’s carbon price policy, according to the Institute of Public Accountants (IPA), especially around the impact it will have on the 2 million Australian SMEs.
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.
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.