Over half the money raised from the carbon price is being used to assist households.
Jobs and competiveness
Q. I received a flyer explaining how the Government will provide households with $10.10 to help electricity bills. Will my household receive this payment & how will it be paid?
The figure of $10.10 refers to the average amount of assistance households receive through tax cuts and increases in family payments, pensions and benefits. This assistance is part of the Government’s Household Assistance Package, and eligible Australian households have already received it. The payment varies from household to household. For an estimate of your assistance, visit the Household assistance estimator.
Q. What can I do if I think a shop or business has raised their prices too much?
You should contact the Australian Competition and Consumer Commission (ACCC) if you think a business is attributing significant price rises to the carbon price. The ACCC will investigate businesses’ carbon claims and has the power to issue infringement notices or take legal action against businesses suspected of breaching the law.
Jobs in a Clean Energy Future
Moving to a clean energy future will provide new economic opportunities for Australian workers.
Opportunities will open up in existing businesses as they move to operating in a clean energy future. Many businesses will invest in new technology to generate less pollution and become more efficient.
Jobs will also be created in new clean industries such as renewable energy generation, carbon farming and sustainable design, to name just a few.
Strong jobs growth as pollution is cut
The Government has carefully designed a number of measures to support jobs and competitiveness as we move to a clean energy future.
All of these measures have been designed to ensure that Australia continues to experience strong jobs growth while at the same time providing incentives to cut pollution in our economy.
The Jobs and Competitiveness Program
The Jobs and Competitiveness Program will support local jobs and production, and encourage industry to invest in cleaner technologies.
The ongoing program will provide $9.2 billion of assistance over the first three years of the carbon pricing mechanism, targeted at companies that produce a lot of carbon pollution but are constrained in their capacity to pass through costs in global markets. Assistance will be provided to around 40-50 of these ‘emissions-intensive trade-exposed’ industrial activities, such as steel, aluminium, cement and zinc manufacturing. Businesses producing over 80 per cent of the manufacturing sector’s emissions are expected to be eligible for assistance under this program.
The most emissions-intensive trade-exposed activities will receive assistance to cover 94.5 per cent of industry average carbon costs in the first year of the carbon price, with less emissions-intensive trade-exposed activities to receive assistance to cover 66 per cent of industry average carbon costs. Assistance will be reduced by 1.3 per cent each year to encourage industry to cut pollution.
Regular reviews will ensure that the Jobs and Competitiveness Program remains in step with international action on climate change and continues to support jobs and competitiveness.
Additional measures for manufacturing
The Government is delivering a $1.2 billion Clean Technology Program, over and above the Jobs and Competitiveness Program, to help directly improve energy efficiency in manufacturing industries and support research and development in low pollution technologies.