Newspaper article Fraser Coast Chronicle (Hervey Bay, Australia)

Carbon Payback May Be Invisible Savings Are on Website: Ergon; ACCC Calls Foul on Tax-Based Rises, but Rate May Not Change

Newspaper article Fraser Coast Chronicle (Hervey Bay, Australia)

Carbon Payback May Be Invisible Savings Are on Website: Ergon; ACCC Calls Foul on Tax-Based Rises, but Rate May Not Change

Article excerpt

Hayden Johnson

DESPITE the Fraser Coast Regional Council being warned about not passing on carbon tax savings, local homeowners are not likely to notice a significant change.

The Australian Competition and Consumer Commission warned the Fraser Coast Regional Council along with 20 others about passing on savings after the tax was repealed.

But when the savings from the tax are eventually passed on, Fraser Coast Mayor Gerard O'Connell said it may not mean money back in resident's pockets.

"It's not a case of striking a reduction in the rate," he said.

Cr O'Connell was reserved when asked about a potential reduction in the rate rise next year.

"It could, but you wouldn't say that at the moment, we're 11 months away from a new budget period," he said.

ACCC chairman Rod Sims said earlier this week more than 20 councils, including the Fraser Coast, had put their rates up based on carbon tax costs.

But Cr O'Connell disputed that, saying the council absorbed the carbon tax rather than specifically levying it. …

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