The carbon tax has been repealed by the Senate today in a 39 to 32 win for the Australian Government. Included in the repeal Bill is extra funding and powers to the Australian Competition and Consumer Commission (ACCC) to ensure that savings are passed on to consumers.
Federal Member for O’Connor Rick Wilson said today’s vote is great news for local families and small businesses.
“Scrapping the carbon tax will save the average household around $550 a year, including around $200 on the average household electricity bill and around $70 on the average gas bill. This will reduce cost of living pressures for all Australians.
“The repeal Bill will also take a cost burden off local businesses. This will make it easier for them to compete and employ more people.
“Having listened to many residents concerned about how unfair the carbon tax has been, this is truly a great win for the whole community,” he said.
Scrapping the carbon tax is just one part of the government’s plan to build a stronger economy and create more jobs.
“There’s much more to do, but removing the world’s biggest carbon tax from the backs of everyday small businesses and families is an important step in building a stronger economy,” Mr Wilson said.