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night the Abbott Government took the first step towards its election promise of abolishing the tax after it was repealed in the House of Representatives.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




Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

CQ youngster ready to do state proud on Origin stage

Clermont Bears captain Roman Revell-Blair prepares for his big night at ANZ Stadium.

One more sleep until eight-year-old Origin fan's dream comes true

Art Gallery opens two new exhibitions in June

OPENING: Patrick Connor Escavated Landscape with Lamp.

Art Gallery opens two new exhibitions in June

$1000 raised from big morning tea

HAVING A CHAT: Pat Davis, Del Lockyer, Robin Lloyd and Joan Lawson.

The Range Village raises $1000 from their Biggest Morning Tea.

Latest deals and offers

Justin Miller outside court

OUTSIDE COURT: Justin Miller (left) leaves Rockhampton court house afetr giving evidence in the Peter Penaia trial.

Justin Miller outside court

John Bowen talks about Rockhampton Hospital car parking

ON THE STREETS: John Bowen took to Agnes St to ask residents their concerns about hospital parking.

John Bowen talks about Rockhampton Hospital car parking

Sea of Hands

Laurel Mason at the Sea of Hands on the lawns of City Hall. Photo Allan Reinikka / The Morning Bulletin

Laurel Mason speaks about the Sea of Hands at City Hall.

Own Sunshine Coast property? You’re about to make money

UP AND UP: Property owners are likely to win from rent and price increases but tenants and first home buyers might not be so happy. Photo: Brett Wortman / Sunshine Coast Daily

Good new for property owners, not so good for buyers and tenants.

Sale nears on last large block of land in Coolum

The 43.37ha property on South Coolum Rd has sold.

South Coolum Rd property to be land banked