. . . groceries will carry the cost of carbon tax, warn supermarkets.
Oh really. Do they? According to news.com they do.
Food prices are set to rise under the Federal Government’s carbon tax, with some of the nation’s largest food retailers expected to be hit with potential carbon bills of millions of dollars a year . . . Even though a carbon price is yet to be determined, Woolworths could be faced with a potential annual carbon bill of about $10 million a year, based on a carbon price of $26 per tonne, which industry experts and the Opposition are using as a rough guide.
Who cares what the Opposition thinks and why bother asking them, and why bother publishing a story that is based on innuendo and such an unreliable source as the Opposition? I wonder what Woolworths have to say.
A spokeswoman for Woolworths said it supported the Government’s action on climate change and said it believed a “hybrid” model was the best mechanism.
However, it said it could not forecast potential price impacts until more details of the scheme were released.
How extraordinary. The largest retailer in the country supports the Government’s action and at this stage cannot commit on its impact because details of the scheme have not been released. They must be stupid if they don’t know the details. News.com do; it’ll cost them $10 million a year.
$10 million looks good sitting at the top of a story, but let’s consider its real effect. Supposing they or other chains pass that $10 million on to their customers – the population of Australia, 21,000,000 people – it’ll cost each person 47 cents a year for their groceries.
Consumers will have to find a an extra cent a week for their groceries. A struggling family of five would have to crack open the piggy bank to find an extra five cents a week. Those five cent pieces that we used to leave on the ground if they fell out of our hand will now be swooped on by the likes of Alan Jones’ listeners.
We’ll keep getting hit by the MSM that this 47 cents a year will ruin the economy or send jobs offshore and people will phone the shock jocks with sob stories that they have to give up the Sunday roast or cancel their planned Christmas holiday. Some may have to take a second job, or plead their boss for a few minutes overtime to cover the imposing 47 cents a year they must now find.
Customers to the Café can be assured that we will not pass on any new costs. Our standard price for a mug of coffee remains at $12.50.