none
none

Industry Group welcomes legislation to abolish carbon tax

31-08-2010
by 
in 
Industry Group welcomes legislation to abolish carbon tax

The Australian Industry Group, a peak industry association representing the interests of more than 60,000 Australian businesses, has welcomed the release of draft legislation to repeal the former Labor Government’s controversial carbon tax.

The new legislation will be introduced as a priority next month in the first sitting of Parliament under the Abbott Government.

If passed, the new legislation aimed at abolishing a price on carbon, will take effect from July 1, next year.

"This is a welcome start to the dismantling of the carbon tax but much work still needs to be done around its impacts and the replacement scheme," said AiGroup chief executive Innes Willox.

"Since the carbon tax began in July last year it has imposed costs on Australian businesses and the broader community well in excess of the costs associated with efforts in other countries to reduce greenhouse gas emissions.”

Mr Willox said the Ai Group would consult closely with its members over the proposed legislation.

Complex, transitional issues would inevitably arise in relation to the repeal of the carbon price legislation and to the new Government's approach to reducing emissions.

"These issues require close and careful consideration,” Mr Willox said.

The draft legislation is just a start, he added. “Much work lies ahead.”

Related news & editorials

  1. ETA’s warehouse has extensive Bonfiglioli stock
    11.01.2018
    11.01.2018
    by      In
    Bonfiglioli’s partnership with its largest Australian distributor, Engineering Transmission Agencies (ETA), brings quality, reliability and performance to Queensland and Northern NSW customers in industries such as mining, manufacturing, bulk materials handling, food and beverage, water and waste.... Read More
  2. Australian flag
    11.01.2018
    11.01.2018
    by      In
    It’s official: Australia is an Innovation Champion. That is the view of the US Consumer Technology Association, which launched its inaugural International Innovation Scorecard at the Consumer Electronics Show in Las Vegas.
    The scorecard is a development from the association’s annual ranking of US... Read More
  3. 10.01.2018
    10.01.2018
    by      In
    Australian company CST Wastewater Solutions has put together an environmentally friendly and cost-efficient wastewater treatment system for smaller, remote and ecologically sensitive community, municipal, agribusiness and industrial applications throughout the Asia-Pacific region.
    The two-stage... Read More
  4. 10.01.2018
    10.01.2018
    by      In
    US-based utility-scale solar power specialist SolarReserve has received development approval for its Aurora Solar Energy Project in South Australia.
    The project is located on farmland 30km north of Port Augusta and is centred on a 150MW solar thermal power station with 1100MWh of molten salt energy... Read More