'Swift end' needed for carbon tax, housing industry urges
Federal parliament needs to give swift passage to the bill to repeal the carbon tax when it sits in November, the Housing Industry Association (HIA) has urged in a recent statement.
"The carbon tax is bad for housing affordability, and the housing industry will welcome the introduction of the bill to dismantle it," Graham Wolfe, HIA spokesman, said.
"Modelling conducted prior to the introduction of the tax projected an increase of between 0.8 per cent and 1.7 per cent increase in the cost of building a home, and we have not seen any evidence to the contrary."
"The housing industry implored the previous government not to introduce the tax, and we are now asking in the strongest terms that all sides of politics support its repeal."
"It is a bad tax.
"It adds to the burden on people buying a new home, particularly those who are trying to get into the housing market for the first time, and is a hand-brake on jobs in home building, manufacturing and related sectors including retail, landscaping and whitegoods.
"Imposing the carbon tax across the range of products and components that comprise a new home means that a tax multiplier effect occurs on the largest purchase most people will make in their lifetime."
"And the key question is, how will this help improve the environment?
"The tax is applied to new homes, yet these are much more energy efficient than existing ones.
"This is also no transparency about where the carbon tax is adding to the cost of building a home, and therefore the homebuyer can't make decisions or change behaviour to avoid paying for it.
"There is little to be gained by dragging this process out any longer than need be."
"Industry and customers' needs certainty, particularly as contracts for new homes are being priced and written many months in advance."
Wolfe concluded: "The best way to achieve this certainty is to quickly dismantle the tax."
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