Home > Policy uncertainty as carbon tax repeal heads to Senate today

Policy uncertainty as carbon tax repeal heads to Senate today

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Business has expressed frustration concerning uncertainty around climate policy as the Senate prepares to pass laws repealing the carbon tax today.

The ABC reports that the government is hopeful the Senate approves the laws, and could do so before 2 pm.

The amended legislation would then head to the House of Representatives to be signed off on.

It is not certain what will replace the carbon tax, as there is not yet enough support to pass the government’s Direct Action policy, worth $2.5 billion over four years.

“We’ve gone through seven years of this now and, still, there’s no policy certainty,’’ Innes Willox, the Australian Industry Group’s chief executive, told The Australian Financial Review.

The Ai Group supports an emissions trading scheme.

Labor’s Mark Butler asked, "The question before the Parliament and the Australian community is what replaces it?”

The federal education minister Chris Pyne told Sky News, “We have a lot of work to do, we believe in our budget and our measures, and we will work methodically through those”

Yesterday the federal government lost a vote on its bill on tax cuts introduced by the previous government to compensate households affected by the carbon tax.

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