pass through all carbon tax associated waste management ongoing impact of costs, a small number pass charges will generally reduce, or the carbon tax and through partial costs, and a will not rise by as much as they intentions post small number absorb costs. otherwise would have (the repeal. Seek Not all entities incurred exception being the fees and confirmation of direct carbon tax costs in charges of the small number of pricing changes the first year of the carbon entities that did not pass through from the small tax. carbon tax costs). number that advised carbon tax The ACCC expects costs component local councils that have will be removed collected monies for future from 1 July 2014. carbon tax liabilities that will no longer eventuate to use the money for the benefit of rate payers, and private companies to refund customers where possible or to reflect gains in lower future prices. Paper, glass Exposed to international When the carbon tax is repealed, Seek further and plastic trade and substitutability of entities in the paper, glass and information to products. Some entities plastic manufacturing industry that better understand pass through full costs, currently pass through carbon tax the ongoing impact some pass through partial costs will pass through cost of the carbon tax costs and some absorb savings by removing the carbon and the impact of costs. charge per tonne or reducing the carbon tax prices. repeal transition period. Less perishable products Because entities in the and Seek further and are exposed to international ingredient manufacturing industry information to ingredients trade. Some entities in this were able to achieve some pass better understand industry do not incur direct through of carbon tax costs, when the ongoing impact carbon tax costs. the carbon tax is repealed any of the carbon tax carbon tax cost component of and the impact of Some entities pass through prices will be removed. the carbon tax partial costs for perishable repeal transition products such as milk. period. Explosives High volume of gas Explosive manufacturers will Seek further required as an input. remove any carbon tax cost information to Exposed to international component from prices. better understand trade. Only partial pass the ongoing impact through, if at all. of the carbon tax and the impact of the carbon tax repeal transition period. Construction Some construction A pass through of carbon tax cost Seek further materials materials are trade savings for some construction information to exposed, others are not. material once the carbon tax is better understand Some pass through costs, repealed. the ongoing impact some absorb costs. of the carbon tax and the impact of the carbon tax repeal transition
pass through all carbon tax costs, a small number pass through partial costs, and a small number absorb costs. Not all entities incurred direct carbon tax costs in the first year of the carbon tax. associated waste management charges will generally reduce, or will not rise by as much as they otherwise would have (the exception being the fees and charges of the small number of entities that did not pass through carbon tax costs). The ACCC expects local councils that have collected monies for future carbon tax liabilities that will no longer eventuate to use the money for the benefit of rate payers, and private companies to refund customers where possible or to reflect gains in lower future prices. ongoing impact of the carbon tax and intentions post repeal. Seek confirmation of pricing changes from the small number that advised carbon tax costs component will be removed from 1 July 2014. Paper, glass and plastic Exposed to international trade and substitutability of products. Some entities pass through full costs, some pass through partial costs and some absorb costs. When the carbon tax is repealed, entities in the paper, glass and plastic manufacturing industry that currently pass through carbon tax costs will pass through cost savings by removing the carbon charge per tonne or reducing prices. Seek further information to better understand the ongoing impact of the carbon tax and the impact of the carbon tax repeal transition period. and ingredients Less perishable products are exposed to international trade. Some entities in this industry do not incur direct carbon tax costs. Some entities pass through partial costs for perishable products such as milk. Because entities in the and ingredient manufacturing industry were able to achieve some pass through of carbon tax costs, when the carbon tax is repealed any carbon tax cost component of prices will be removed. Seek further information to better understand the ongoing impact of the carbon tax and the impact of the carbon tax repeal transition period. Explosives High volume of gas required as an input. Exposed to international trade. Only partial pass through, if at all. Explosive manufacturers will remove any carbon tax cost component from prices. Seek further information to better understand the ongoing impact of the carbon tax and the impact of the carbon tax repeal transition period. Construction materials Some construction materials are trade exposed, others are not. Some pass through costs, some absorb costs. A pass through of carbon tax cost savings for some construction material once the carbon tax is repealed. Seek further information to better understand the ongoing impact of the carbon tax and the impact of the carbon tax repeal transition
carbon%20report%20-%20updated%20280714%20%28D2014-00100167%29_FA_0.DOCX