Tim Wolfenden blogs about how the carbon tax will likely affect already rising electricity prices.
“Although there’s definitely merit in the immediate need drive some positive action on climate change, I fear this will be a crippling blow for small and medium businesses Australia-wide.”
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.
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.
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.
The Tax Institute is calling for the Federal Government to double the duration of its planned two-day Tax Forum in October, and place the carbon tax at the top of the agenda.
The first national study into the impacts of local government regulation on business by the Productivity Commission has been given the green-light, a move backed by the Federal Government.
Julian Smith of MYOB blogs about Aussie SME businesses becoming the ‘forgotten’ majority.
“So for those in government, here is a little reminder on behalf of 96% of all businesses in Australia ― may we please have lower small business tax rate that is available to every businesses (not just the minority that have a company structure) and a simplified BAS system and increased access to business finance!”
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.
The Federal Parliament is in uproar following Opposition Leader Mr Tony Abbott’s pledge to repeal the proposed carbon tax. Greens Senator Mr Bob Brown says Mr Abbott is being irresponsible, while industry observers say up to 34,000 new, clean, green jobs in regional Australia are at risk.
With work to be done from Far North Queensland to Victoria and WA, as the rebuild after floods, fires and Cyclone Yasi kicks down a gear, Prime Minister Julia Gillard is asking tradesmen to consider packing their bags and mucking in to help, aided by a new apprentice or two.
