Carbon tax to be inflationary, but rated corporates likely to be resilient
- Friday, 22 July 2011
In the two weeks since details of Australia's forthcoming carbon tax were announced, strategists have broadly concluded that the tax will be manageable for both directly-affected businesses and the wider economy. With some sectors expected to benefit from the new scheme, some economists say the net result could be neutral or even positive for GDP growth – though they also foresee a larger-than-projected inflationary impact.
