Australian Government coat of arms

Prime Minister of Australia

The Hon Tony Abbott MP

Legislation to repeal the carbon tax

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.

On average, households will be around $550 better off in 2014‑15 than they would have been with the carbon tax in place.  This is about taking the pressure off electricity and gas bills.

While the carbon tax will be gone, the household assistance already provided will remain to help families with the cost of living.

Mr Shorten and the Labor Party must listen to the clear message that the Australian people sent at the last election.

Every day the Labor Party opposes the repeal of the carbon tax is another day that the Labor Party supports higher electricity prices for Australian families and businesses.

The repeal bills will remove the carbon tax, end the carbon tax on fuels used in shipping, rail and air transport and on synthetic greenhouse gases. The Climate Change Authority will also be abolished.

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. Good governments engage in proper consultation, which means that the draft legislation could be further refined before introduction to the Parliament.

Public consultation will be invited until 4 November 2013.

15 October 2013