News

Teys Australia calls for more cuts after carbon tax repeal

GET your hands out of our pockets.

That's the message from Teys Australia, who has paid more than $1.2 million in carbon tax since the controversial measure was bought in.

On Thursday night the Abbott Government took the first step towards its election promise of abolishing the tax after it was repealed in the House of Representatives.

Teys' general manager for corporate affairs Tom Maguire said they were happy about the move, but were hoping for more cuts to help local businesses.

"Regional manufacturing is really important (for Rockhampton), so what we've got to do is get costs down for these businesses," he said.

"The government unfortunately is a large part of these costs.

"Let's hope a bit of sanity prevails and they bring the costs down further."

Mr Maguire believes the carbon tax is a really good start, provided energy retailers drop their prices in response.

"Overall we're looking to the government for their leadership to reduce as many costs for rural manufacturing as possible.

"It's important to do that so we can get as much money back to the cattle producer as possible, because they're struggling at the moment."

He said they have spent hundreds of thousands of dollars in direct costs for carbon emissions, as well as compliance costs, like carbon auditing the business.

This is in addition to "six figure sums" for hidden costs like buying electricity and coal.

"This current government is telling us … they want businesses to stand on their own two feet," he said.

"What I'd say back to the government is we're very happy to stand on our own two feet, but get your hands out of our pockets."

Federal Member for Capricornia Michelle Landry said the decision was a victory which would give local families, businesses and industries a huge "pick up".

"It was an impost on local business and it added a huge amount each year to a family's energy bill," she said.

The repeal will now head to the Senate for consideration.

Topics:  carbon tax, teys australia




It's time for the CQ region to be counted

BIG LOAD: Census collectors are ready across Central Queensland.

Countdown is on to Census 2016

Big weekend set for green thumbs

Photo Contributed

Polish up your green thumbs today for National Tree Day

Is your business owed money

Solicitor Narelle Clark

ARE you or your business owed money?

Latest deals and offers

Drowning Pool gig review at Max Watt's

Drowning Pool played Brisbane with A Breach of Silence and She Cries Wolf at the Max Watt's House of Music.

Drowning Pool prove that 'bodies' hit the floor when they play

#SaveMarinaJoyce: How ISIS theory took over youtube channel

One young Youtuber accidentally gave rise to a conspiracy theory

Talking whiskey with Jack Daniel’s master distiller

It all comes down to the distillery

SIXTY MILES AHEAD sign with Eclipse Records, prepare new album 'Insanity'

Sixty Miles Ahead sign with Eclipse. Photo Contributed

Sixty Miles Ahead to release new album on Eclipse

Thy Art Is Murder are killing it

See Thy Art is Murder on their killer tour happening right now. Photo Contributed

We talk with Thy Art is Murder about touring, babies, and new music

Date announced for Prince tribute concert

A Prince tribute concert will take place later this year

Queensland's $1 town goes under the hammer today

The township of Yelarbon is up for sale.

Unprecedented auction of town's business centre with no reserve

Work starts on $15M Caloundra apartment building

Turning the first sod at the Aqua View Apartments site in Kings Beach are (from left) husband-and-wife developers Alex Yuan and Stella Sun with construction company Tomkins director Mike Tomkins and Councillor Tim Dwyer.

Developers excited about addition to Kings Beach skyline

Iconic Denison St building sold for close to $1M

The Swan Hotel building in Denison St.

ONE of Rockhampton’s most iconic buildings has been sold

Unique Rockhampton bar hits the market

HOT PROPERTY: Cuban themed bar Chango Chango is up for sale.

Popular Rocky bar hits the market.

72-year-old Coast developer set to start new project

GREEN LIGHT: The Cosmopolitan has been approved for development at Cotton Tree.

Meet the Canberran set to deliver another chapter for Coast suburb

Plans revealed for 1500-lot 'master-planned community'

Precinct will be bounded by Boundary St and Shoesmith Rd