Thursday, August 29, 2013


Rex slams tax for profit slump  | The Daily Advertiser
Regional airline Rex says the carbon tax caused a 45 per cent nosedive in its annual profit.

“We saw sales plunge almost immediately from 1 July 2012 after the federal government’s carbon tax was implemented,” executive chairman and major shareholder Lim Kim Hai said.
Competition and carbon tax send Virgin Australia into the red
The price war with Qantas had also made it more difficult to recover the $47.9 million cost of the carbon tax.

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