October 15th, 2013

Legislation to Repeal the Cabon Tax

Tuesday 15, October 2013

Prime Minister
Minister for the Environment

Today, the Government releases the carbon tax repeal bills for public consideration.

In line with our clear election commitment, the Government’s first item of parliamentary business will be the legislation to abolish the carbon tax.

This will lower costs for Australian businesses and manufacturers, boost growth, increase jobs and ease cost of living pressures for households.

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Abolishing the carbon tax will improve Australia’s international competitiveness, which was being undermined by the unfair hit on business.

The legislation will give the Australian Competition and Consumer Commission further powers to take action against businesses that engage in price exploitation following the repeal of the carbon tax.

Carbon tax industry assistance, including the Jobs and Competitiveness Program, will continue until 30 June 2014 to assist affected businesses.

Repeal of the carbon tax represents a major contribution to the Government’s deregulation agenda by removing around 440 pages of legislation and reducing business compliance costs by about $100 million annually.

With the release of the draft repeal bills, businesses have an opportunity to comment on the specific details of the repeal process. …..

Public consultation will be invited until 4 November 2013.

For more information go to Prime Minister of Australia, The Hon. Tony Abbott MP

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