Carbon Tax blamed on Holden issues

Holden boss Mike Devereux says the carbon tax has placed an unwanted additional burden on the company as it struggles to keep its Australian operations going.

A day after he asked workers to take a pay cut, Mr Devereux suggested the company wouldn’t be considering such action if the carbon tax had been axed.

There is no question that a tax on electricity, in making it more expensive in input costs, makes it more difficult for me to make money building cars,” he told ABC radio in Adelaide.

He said anything that raised the cost of making cars made it harder for the company to make money and “then we have to look for that money in other places“.

And they said the Kurri Kurri Smelter couldn’t blame the Carbon Tax for their woes??