"with the A$ over parity and exporters getting hammered by cheap...

"with the A$ over parity and exporters getting hammered by cheap overseas competition, that the carbon tax won't close any businesses?"


I am employed in the steel industry and have seen estimates bandied around of $2-$3 per tonne to the cost of steel (by steel companies). This will have an impact on competitiveness but is nothing compared to the effect of the high dollar.

To put it in perspective a .5c drop in the dollar covers that.

So yes the carbon tax may be the straw that breaks the camels back but only because the high dollar elephant is already sitting there.