Sydney Morning Herald: IT IS almost a case of ''now you see it, now you don't.'' The tax of $23 per tonne of carbon emissions arrived on July 1, but not before the government splurged on $2.85 billion in handouts so most families wouldn't notice. It's not going have that much of an effect on the economy overall Treasury's modelling shows the carbon price will inflate consumer prices by 0.7 percentage point by June 2013. Just don't expect the Australian Bureau of Statistics to provide a progress report on the impact...
URL: http://www.smh.com.au/business/carbon-economy/carbon-prices-feared-impact-a-storm-in-a-teacup-20121021-27zd5.html
Enclosure: http://images.smh.com.au/2012/10/21/3731683/art729-port-kembla-steel-620x349.jpg
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