Nov 13, 2011 - 4:50pm
This study, using CSIRO-AECOM research, shows impacts on households are likely to
be smaller than anticipated. It calculates Australia’s carbon pollution
price will add 0.6 per cent to inflation in 2012-13. This is less of an impact
on the economy than estimated by Treasury modelling, and may be even
smaller as the modelling assumes a 100 per cent pass-through of costs by
businesses to consumers.
The study also compares the effect of the
carbon price with other inflationary events such as the
introduction of the GST, Cyclone Yasi and the mining boom. It finds that
the impact on prices of the 2001 GST was more than four times bigger
(2.5 per cent) than the carbon price.
Download the report below. To access all other related content including the 'your carbon price' calculator, factsheets and background research visit the project page here.