Ready yourself for the great disappointment of no carbon price:
Qantas Airways has officially abandoned a “carbon surcharge” on its domestic and regional fares in anticipation of the likely repeal of the carbon tax.
However, the move is unlikely to result in lower airfares because the airline said the competitive nature of the domestic aviation market meant it had not been able to recover the cost of the carbon tax through price increases as originally intended.
Every business in country will find a similar excuse. And how can the ACCC tell them otherwise? It’ll all come down to “competitive pressures meant we could not pass it on”. The smarter lobbies have been saying so since the beginning.
You’ll still have your tax cuts, for a little while…
