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June 29th, 2012 
FAKE NEWS for the Zionist agenda Previous Post: Eurozone agrees on bank recapitalisation nbsp
Manufacturers feel carbon tax squeeze
The Australian – SIXTY per cent of manufacturers do not plan to pass the costs of the carbon tax on to their customers, sparking warnings from a leading industry group that the sector – already reeling from the high Australian dollar – will face even more pressure after the carbon-pricing regime begins on Sunday. Australian Industry Group chief executive Innes Willox said a survey of manufacturers had revealed many felt they could not raise prices because of intensifying competition they faced locally and internationally. Not passing on price increases “will result in a further erosion of margins and will put even more stress on this big employing sector, especially as it is a cost not being borne by most of their overseas competitors,” Mr Willox writes in The Australian today. Read article
Tags: Australasia
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