Whether there'll be much savings at all passed on to consumers remains to be seen. Clive's guarantees, if completely implemented, would place an impost on businesses far far worse than anything under a carbon tax. So what do they do? The idea is to exempt certain things from having to be paid back to ease the red tape burden. Which also means, that by the gov's own figures, that there will be less of a carbon tax pay back if you start exempting everything.
And who's gonna police it if it was across everything? You have to have a watchdog on every corner FFS.
Amendments proposed by the Palmer United party to the Coalition’s repeal bill would require energy providers to pass on such savings to consumers, but airlines and supermarkets such as Qantas and Woolworths have said they cannot guarantee to do likewise.My my, Clive has created rather the gov dilemma hasn't he.
“The $550 figure is certainly misleading,” John Connor, chief executive of the Climate Institute, told Guardian Australia. “It’s a misleading interpretation of a very successful reform of tax and pensions which left nine out of 10 households better off as a result of carbon pricing.
“They talk about nanny states, but you’ll need a nanny in every newsagent and every other business to ensure all those savings would be passed on. You’d need the ACCC [Australian Competition and Consumer Commission] everywhere.
“It’s also worse than hypocritical for businesses who said the carbon price would wreck them to now say they don’t have any savings to pass on due to its repeal.”
Connor said electricity providers might end up passing back as little as $80 a year to households. He said there should be an independent inquiry into the impact of the repeal, a stand backed by the former independent MP Tony Windsor, who tweeted that people were “confused about various claims. Should review claims and real impacts on consumers.” more
Not that he really needed to. The gov was always going to be in the shit over this one as the carbon tax savings were highly exaggerated by the Abbott "axe the tax" hysteria. What did they think, that people wouldn't catch on to their bullshit?
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