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Gillard Government carbon tax to choke Victorian economy, new modelling shows

Thursday, 18 August 2011

The Victorian Coalition Government has released new economic modelling by Deloitte Access Economics showing the Gillard Government's carbon tax will damage the Victorian economy and hurt Victorian jobs.

This modelling was commissioned by the Coalition Government so Victorians will know the truth about the effect of the Gillard Government's carbon tax, in comparison to the Gillard Government which intends to keep Victorians in the dark.

The figures released today – an assessment by Local Government Area of the damaging effect of the carbon tax on Victoria – show the carbon tax will reduce Victorian job growth by 24,311 jobs in 2015 and reduce Victorian output by $2.8 billion in 2015.

"Tomorrow at COAG I will be making the case for Victorian families by outlining to the Prime Minister how the Gillard Government's carbon tax will damage Victoria," Premier Ted Baillieu said today.

"The Gillard Government's carbon tax will hit Victoria hard, damaging jobs, increasing the cost of living, undermining the reliability of power supplies and hurting our state's economy.

"International economic uncertainty means now is not the time to add another major cost burden on Victorians in the form of a damaging carbon tax.

"Daniel Andrews and Victorian Labor must now explain why they are silent on this damaging carbon tax and won't protect the interests of Victorian families."

ATTACHED: Deloitte Access Economics modelling showing carbon tax regional impact by Local Government Area

xls LGA output and employment impacts of carbon tax 21.50 Kb

pdf Download PDF 56.97 Kb

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