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.
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.
The Australian Industry Group has called for the Federal Government to delay the commencement of the 2010 carbon emissions trading scheme (ETS) due to the current economic crisis. Supporters of the scheme, the group suggested the government pass legislation to ensure implementation, but has recommended the government postpone the scheme until 2012. “Businesses are strapped […]
First maternity leave, now the Federal Government’s emissions trading (ETS) is under threat with business association the Australian Industry Group (AIG) calling for postponement of the scheme to 2012. AIG chief executive Heather Ridout says businesses need more time to prepare, and due to the economic climate, it may be less feasible to implement the […]
There has been much hype surrounding climate change and emissions trading schemes. But what does carbon management mean for SME owners and how can it benefit their business? While SMEs may not be required by law to report or reduce their carbon emissions, taking the right steps to improve or enhance their environmental credentials makes […]
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