Tag: Carbon Price

Australia stepping up climate commitments may be vital to the continued heath of exports, businesses and products.

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.

If you’re a small business intending to pass on the costs of the carbon tax to your customers and suppliers, you’d better be careful about it.

Brad Callaughan blogs about what the carbon tax really means for small businesses.

“Talking to businesses, I sense a lot of unease about this new tax and the lack of information out there that allow us to understand and prepare for this new tax…”

The carbon tax is coming, and lawyers are warning that businesses must review their contractual rights and obligations around the passing on of carbon costs so they’re not left with an unacceptable share of the cost burden when the legislation kicks in.

The Australian Competition and Consumer Commission (ACCC) is working on a guide to assist businesses in understanding their rights and obligations when making claims about the impact of the carbon price.

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.

Local food and grocery manufacturers will see their operating profits slide by an average 4.4 percent in 2012-13 as a result of the carbon tax, according to the Australian Food and Grocery Council (AFGC).

“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.