date:Jan 30, 2013
The Ai Group research found that many Australian food manufacturers are absorbing the costs of the carbon tax, unable to increase prices due to competition from cheaper imports from overseas manufacturers none of whom bear any similar tax regime.
Ai Group analysed 485 businesses over the first six months of the carbon tax in Australia, and its impact on business costs and prices. Ai Group reported that manufacturing businesses estimate the carbon tax increased energy costs by an average 14.5 p