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.
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.
“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 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.
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 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.
Australian SME business leaders have shown overwhelming dissatisfaction with the Federal Government’s proposed tax on carbon.
A survey of 300 SME chiefs, who are members of Australia’s leading executive mentoring organisation, The Executive Connection (TEC), found only 19 per cent supported the tax.
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