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Thursday, April 11, 2013

CARBON TAX SAVING AUSSIE JOBS - LIBERALS STILL IN DENIAL

Australian Securities and Investment Commission (ASIC) data shows that the carbon tax has saved Aussie jobs: an average of 20 less companies collapsed each month after the carbon tax began than in the corresponding period a year earlier.

Sophie Mirabella - Not the news

Sophie Mirabella, Shadow Minister for Industry, grabbed wrong ASIC data on company failures and penned a story -

"Carbon tax killing Aussie Jobs - Labor still in denial" | March 18, 2013
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For the year to 1 March 2013, ASIC has registered a record 10,632 company collapses, almost 900 a month.
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“Every time a company collapses, Australian jobs are lost,” said Sophie Mirabella, Shadow Minister for Industry, today.

What the data actually shows is that after the carbon price began, ASIC registered only 7,013 company collapses in the 8 months to 1 March 2013.

A year earlier, ASIC registered 7,191 company collapses in the 8 months to 1 March 2012.

The carbon tax has funded personal income tax cuts and clean technology grants to assist business improve efficiency and cut energy bills. This combination - higher disposable incomes for shoppers and lower business costs - has SAVED Aussie jobs AND saved Aussie businesses.

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