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Qantas suffers Carbon Tax hit

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Media Release

The Hon Greg Hunt MP Shadow Minister for Climate Action, Environment and Heritage

Thursday 29 August 2013

Qantas suffers Carbon Tax hit

Qantas is the latest casualty of Labor’s Carbon Tax after being hit with a $106 million Carbon Tax bill in the last financial year.

This follows news that Virgin Australia suffered a Carbon Tax hit of between $45 million and $50 million in the 2013 financial year.

With the tourism and aviation industries suffering, Labor’s Carbon Tax is nothing more than a hit on business and bad news for travellers - a cost felt by customers through higher ticket prices.

Australians are paying for this tax in every service they use and every purchase they make, and the competitiveness of Australian business is decreasing every day that the Carbon Tax continues.

Regional Express Holdings (Rex) has also suffered following the introduction of the Carbon Tax, with the company’s Executive Chairman describing the policy as ‘hostile to regional aviation.’

In a statement released today on Rex’s financial year results, Executive Chairman Lim Kim Hai said:

“Minister Albanese’s claim that the impact of the Carbon Tax would be little more than the cost of a cup of coffee became the understatement of the aviation year, when both businesses and households cut back on flying due to the rising costs in the economy.”

A Coalition Government, if elected, will end the uncertainty for industry and scrap the Carbon Tax as the first order of business.

Media Contact: Wendy Black 0418 532 534

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