ACCI TELLS LABOR TO DROP CARBON TAX ON CARS
25-January-2012
The Australian Chamber of Commerce and Industry has declared that the carbon tax could not come at a worse time.
Greg Evans, Director of Economics and Industry Policy, ACCI said:
“Trade union leaders that are out there legitimately in support of the car industry should be telling the federal government it should abandon the carbon tax.”
“The carbon tax is poison to Australian manufacturing, will dissolve their very thin margins and will impose a major competitive disadvantage on Australian business” Mrs Mirabella said.
“We have seen it with the steel industry, we are now seeing it with the car industry, and it is just rolling through those trade-exposed sectors” said Mr Evans.
The ACCI recently released the results of a Survey of Investor Confidence. The survey cites the number one constraint on investment at “business taxes and government charges”.
The Federal Chamber of Automotive Industries has calculated that the carbon tax will hurt the car industry by up to $460 million over 10 years.
In troubling times for Australia’s manufacturing sector Julia Gillard’s Labor caucus should have the carbon tax as the number one agenda item.
Ms Gillard must stop ignoring industry and axe the toxic carbon tax.