Humphries wrong on small business and carbon price

ACT Liberal Senator Gary Humphries is wrong on small business and carbon price, and is deliberately trying to mislead and scare Canberra small businesses according to ACT Federal Labor representatives, Senator Kate Lundy, Gai Brodtmann MP and Andrew Leigh MP.

Senator Lundy, Ms Brodtmann and Dr Leigh completely reject claims made by Senator Humphries in a letter to ACT businesses that they would be worse off under the carbon price.

“As a former small business owner I understand the pressures facing small business and the biggest threat posed to Canberra small business is Tony Abbott and Joe Hockey and their plan to axe 12,000 jobs from Canberra,” said Ms Brodtmann.

“Tony Abbott, Joe Hockey and Senator Humphries are planning the biggest blow to Canberra small businesses and families since 1996,” said Ms Brodtmann.

“Senator Humphries’ statements are just not true and he shouldn’t be making them.   Small business stands to benefit as we make the transition to a clean energy economy,” said Dr Leigh

The Gillard Government has made tax reforms to allow small business to:

  • Immediately write-off assets valued at under $6,500 (up from $1,000)

  • Immediately write-off up to $5,000 for motor vehicles acquired from 2012-13 year, with the remainder to be written-off at a rate of 15 per cent in the first year and 30 per cent in following years

  • Write-off of other assets in a single depreciation pool at a rate of 30 per cent (15 per cent in the first year)

“The Gillard Government is also establishing a $40 million Energy Efficient Grants program to provide information on how small and medium business can reduce their energy costs,” said Senator Lundy.

“Senator Humphries has shown great political gymnastics on this issue.  Only last year he was supporting a price on carbon pollution, now he is keen to join Tony Abbott’s scare campaign and put at risk our environment and our economy,” said Senator Lundy.

All three Labor representatives called on Senator Humphries to show leadership, and support the carbon price as the most efficient and effective way of acting on climate change. 

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