The Rusted up Political wheel - PUP, PUPPIES or just plain DOGS!

Legislation on Carbon ...  the Palmer United Party (pup) and politics - we are steeped in interesting political times and it is very worthwhile understanding what is happening in Australia with the tax on Carbon and the tax on Mining and who is paying who and who is not paying anyone and lining their own pockets for later.  The rusty wheels in politics in Australia appear all but seized .. a bit of grease will get them going... greasing the wheels always does.

Source ABC Story "Carbon confusion: sloppy policy or worthy amendments?”

Australian Industry Group chief executive Innes Willox summed up their concerns:

Any further amendments intended to ensure that carbon savings are passed on should be carefully scrutinised. Amendments that drag in the broader business community would be unworkable and cause regulatory mayhem, particularly as so many businesses have absorbed the carbon price and not passed it on to their customers.

So what are parts of the PUP's amendment have caused all the confusion?

Clause 19 (60FD) states that only gas and electricity companies are liable to face fines if they don't pass on savings to consumers.

However, clause 10 has caused most of the fuss. Here, the amendment lists entities that are covered by the repeal bill's laws against price exploitation, and states:

Entity means any of the following:
(a) an individual;
(b) a body corporate;
(c) an entity sole;
(d) a body politic;
(e) a partnership;
(f) any other unincorporated association or body of entitys;
(g) a trust;
(h) any party or entity which can or does buy or sell electricity or gas

There is an expectancy now that the  Palmer United Party and the Government will vote on these amendments next week.

Images @ Eminpee Fotography