The rise in road and bridge construction costs has slowed markedly since the introduction of the Carbon Price on 1 July – the complete opposite of what Tony Abbott and his sidekick Warren Truss said would happen.
The September quarter rise of just 0.8 per cent was lower than that recorded in the three months preceding the introduction of the Carbon Price (1.4 per cent) as well as the average over the past decade (1.2 per cent).
This reality stands in stark contrast with the doomsday predictions concocted and perpetuated by the Federal Coalition over the past 18 months. Indeed, Mr Truss has previously claimed the Carbon Price was going to “add greatly to road building costs” and would “put the brakes” on nation building projects such as the duplication of the Pacific Highway.
Wrong and wrong.
Yet another of the Federal Coalition’s Carbon Price myths has been exposed. It’s unfortunate Tony Abbott has resorted to such blatant deceptions in order to conceal his lack of a positive, fully-costed plan for the future.
I am proud to be part of a government that’s been prepared to do what’s right and not simply take the easy option of leaving action on Climate Change to future generations.