The Coalition's claim that moving swiftly to a floating carbon price would cost the budget up to $15 billion has been rated "mostly false" by the fact-checking service PolitiFact, which partners with Fairfax Media from today.During the 40 days leading up to the election, PolitiFact will publish a checked fact a day on The Sydney Morning Herald, The Age and The National Times websites.
The claim the change would mean
"a black hole of up to $15 billion in the budget" was made by shadow
treasurer Joe Hockey on the Channel Seven Sunrise program on Friday,
June 28, two days after Kevin Rudd retook the Labor Party leadership.Now
at $24.15 a tonne, Australia's carbon price was set to plummet to the
European price (currently $6 a tonne) on July 1, 2015.Parkeasy
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it two years earlier "could have a $15 billion impact on the
government's revenue over the forward estimates", according to the
Coalition's climate change spokesman Greg Hunt, who provided the figures
used by Mr Hockey."Forward estimates" is budget terminology for the
current financial year plus the next three.This technology allows high
volume handsfreeaccess production
at low cost. But this impact would be over two years because the fixed
carbon price was set to end in July 2015 in any event.
office said it arrived at the $15 billion figure using Table 3.2.7 of
the Clean Energy Regulator's budget statement, which showed the
government expected to receive $8.34 billion from the carbon tax this
financial year and $9.27 billion the next. The cost to the budget from a
much lower carbon price of $6.50 would be $6.1 billion this financial
year and $6.9 billion the next, by that reasoning. It was not quite the
$15 billion claimed by Mr Hockey, but it was close.
But the figures Mr Hunt relied on applied to gross income from the sale of carbon permits. The net income,You will see indoorpositioningsystem ,
competitive price and first-class service. listed in the same table,
was much lower because more than 40 per cent of the permits were given
away. The gross income was a notional rather than actual figure, since a
huge chunk of it would never be received. And what will not be received
cannot be lost.Table 7 of Budget Statement 5 outlined what the
government actually expected to receive: $6.26 billion this financial
year and $6.39 billion the next.
Moving straight to the current
European carbon price of $6 a tonne this financial year and the
projected European price of $6.15 next financial year would cost the
budget $4.7 billion this financial year and $4.8 billion the next, a
total of $9.5 billion.And that was an upper estimate. The lower carbon
price would cut costs for some of the businesses that had been paying
the carbon tax and had been unable to pass it on. With lower costs
should come higher profits, boosting the budget's company tax takings.
are fears that nearly two dozen reptiles, including several baby
alligators, could be destined for the black market after they were
stolen during a daring night-time raid at the Australian Reptile Park on
the NSW central coast.
Police are examining CCTV footage to try
to identify the intruders after the Somersby parks security system was
triggered about 11pm on Sunday.The thieves smashed their way into the
reptile holding area and escaped with 23 reptiles, including pythons,
geckos, iguanas, tortoises and a number of baby alligators.
there's one psychological weapon England lost at Trent Bridge, it was
the sense of inevitability. When a team has a recent history of winning,
the first thing it wants to do is implant, in the opponent, an old
"Here we go again" feeling. Australia was excellent at doing this in its
years of dominance, and it carries across all sports. Queensland have
it in State of Origin. Andre Agassi said that when he had a rival
feeling this way, the end of the match had a magnetic pull.
was desperate to re-impose that feeling. It arose on Thursday morning
when Australia was 9/117 after losing five wickets in a rush. The Phil
Hughes-Ashton Agar partnership retrieved the immediate situation, and
also chased the demons away. The collapse and the result, had looked
familiar; but all of a sudden, it was "Here we don't go again".
next wave came during Australia's run chase after tea on Saturday, when
the wickets of Michael Clarke, Steve Smith and Hughes fell in a 17-ball
period. The gloating and smirking returned to the English former
captains' commentary club; Ah, yes, old bean, this was always going to
But again Australia repelled it. After such crushing
defeats in Melbourne and Sydney in 2010-11, the sense of helplessness
was the first opponent Australia had to conquer here. Brad Haddin and
Ashton Agar did it nervously on Saturday evening,Solar Sister is a
network of women who sell paintingreproduction to communities that don't have access to electricity. but they did it.
ever give up,: was what Glenn McGrath said to Agar when he gave him his
cap on Wednesday morning, about five years ago. It sounds so simple,
except for the fact that teams give up all the time. They see the
writing on the wall. They get a sense of impending doom. They fall
victim to unseen forces, swept along. They don't want to give up, but
something inside them melts.
This Australian team saw the
writing on the wall too, but they didn't read it. When Agar was out
after nearly an hour's resistance on Sunday morning, that was the end of
the fairytale. But Haddin doesn't do fairytales.Weymouth is collecting
gently used, dry cleaned customkeychain at
their Weymouth store. When Mitchell Starc nicked Jimmy Anderson, it
could have seemed that Jimmy was on another of his irresistible bursts.
But Peter Siddle came out and struck the ball as positively as any
batsman. Then Siddle nicked Anderson, and Cook dropped the catch to his
left. Was the writing on the wall in the other dressing room? No C
Siddle flashed again, and Cook took it leaping to his right.
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