Media Release - Gillard's green money machine - 11 July 2011

Julia Gillard’s carbon tax won’t work, it will hurt and Labor can’t be trusted with it. 

 
Australians will pay more for everything under Gillard’s carbon tax – the biggest and most punitive carbon tax in the world. 
 
Australian families are already struggling and the carbon tax will make a bad situation worse with a $515 a year hit on the cost of living.  And that’s just for starters. 
 
To make matters worse under this carbon lie, ordinary tax rates will increase.  All of this pain and torture for no environmental gain. 
 
Australia’s 2 million small businesses and family enterprises – including the 13,000 small businesses in Mayo – will face increased costs, with no direct support, having been ignored by the Gillard Government. 
 
There are three certainties under this Labor/Green Coalition Government – it always taxes, it always wastes and it always deceives. 
 
The design of the tax is a quagmire of complexity and you cannot trust this government to get it right.  It is a massive and permanent increase in the size of Government, and includes a $10 billion Gillard Bank to finance high risk, speculative projects. 
 
In the first four years alone, $382 million will be spent to manage this massive money-go-round. 
 
There is a better way.  The Coalition’s Direct Action plan is a strong and effective policy that will reduce carbon emissions by 5% by 2020, without a new tax. 
 
Our Direct Action plan is costed, capped and fully funded from savings to the budget. 
 
Direct Action means no costs to households, no new taxes, and no increase in electricity prices as a result of the policy.
 
Labor has no mandate to introduce a carbon tax.  It should not be introduced before the next election.  The Australian people deserve to have their say.