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This week in politics

09

The Nationals in the Senate voted in support of the disallowance of the carbon sink tax regulations so as to render the legislation unworkable. The Nationals also supported expunging the effects of the upfront deduction via the Associated Tax Law Amendment Bill.

After extensive negotiations by The Nationals over a long period of time, no progress has been made in any substantial form to mitigate the loss of prime agricultural land to government-inspired carbon sink forests that produce nothing for their regional community. They are a static low-maintenance, low-labour asset with a next-to-nil income stream to their local community.

With the increase in carbon sink forests comes a reduction in the land that sustains the economy of local regional towns. This leads ultimately to the demise of the economic base of the regional town leaving behind those who possibly never owned farming land in any form but are stranded with a house in a town that no longer has a reason to exist. What is particularly galling is this is not because of global economics but because of domestic tax policy.

A four-year upfront tax deduction for the planting of a carbon sink forest will obviously mean a reduction of tax paid by the organisation that claims the deduction and in a deficit budget that will be picked up by the increase in the tax burden to others.

A tax deduction creates market differentiation so that people on one side of a fence get an upfront tax deduction for capital expenditure that people on the other side of the fence on exactly the same land cannot get unless they too change from producing food for Australian tables to producing forests that will sit there in perpetuity and feed no one. Australia cannot keep removing prime agricultural land without flow-on effects to food inflation. If you reduce the area that produces the food you reduce the quantity of food which pushes up prices in the supermarket and increases our reliance on imported food and those with the mechanisms of creating those imported food supply chains to the retail level.

Your local greengrocer may struggle being part of those supply chains. Australia is moving to a tenuous position where we are relying on others to feed us. In a country of 21.5 million people the size of Western Europe we are importing more and more of our food.

If carbon credits are going to be a real economy issue then why are we sponsoring them with a substantial tax break? Let the market decide on carbon sinks on terms that are equitable with the production of fruit, vegetables and meat.

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# Susan Cowley
Wednesday, February 18, 2009 9:35 AM
Dear Mr. Joyce, Thank you for being a voice for common sense for Australians. I agree with your Carbon Sinks and Tax Deductions Article, as I have other comments made by you in various articles that I have read. I was particularly impressed by Matthew Cawood's articles in The Land Newspaper a number of weeks back. With regard to our food (and all this free trade rubbish) - not only do we import too much food (and other products) - by the time it gets to us - it is poor quality - lacking taste & nutrition, meanwhile our international (blood sucking) companies tell us what a good job they're doing whilst 'competitively' disposing of local suppliers (Aussie income/jobs) (then the taxpayer has to pay for education programmes to get our overweight society off junk food.) Unfortunately our current Prime Minister Mr. Rudd is more concerned with becoming an international success -then being a loyal Australian - Aussie jobs, Aussie BANKS, Aussie food, Aussie industry, Aussie freedom of speech & debate,....it is interesting to note that President Obama's Trillion Dollar bail-out package was signed overnight & the stockmarket fell - 3% in response. I believe that Mr. Rudd has absolutely no financial idea! (Does he not live in financial luxoury - which he did not create?) We must firstly be able to feed ourselves. I feel enormous concern for what appears to be coming massive job losses and with that home foreclosures, what is the point of throwing people into the streets - because of a banking system the government allowed - the Australian Government must govern for the Australian people - not in the interests of wealthy, controlling, international interests - otherwise should they not be tried as traitors - and thrown out of government - (with no government pensions - of course!)?
On consideration, I believe that our only real hope is a national day of prayer for our Nation- like the Brits held when Germany threatened invasion. "When MY people, who are called by MY name shall humble themselves and PRAY THEN I WILL HEAR from heaven and HEAL their land" -I hope I quoted that right but you get the idea.
Yours sincerely, a busy Australian, wife, mother, contractor & farmer.

PS: I was surprised to see your poll and pleased to come across your website. I think you should ask for articles in papers e.g. The Land, Qld Country Life - letting people know about your website - and that they can have an opinion - that there are politicians listening and willing to help Australia - do/will you present your polls to parliament to back your arguments?


# danny donaldson
Monday, March 09, 2009 4:02 PM
Hey Sue,
Its good to hear people like you that have the country at heart.
Danny
# tomislav
Monday, September 07, 2009 5:32 PM
If god forbid we do transfer to some form of low carbon future or whatever the enviro-statists are advocating..

will these same people be held accountable when the climate continues to change ?
# margaret and chris kircher
Tuesday, November 10, 2009 9:49 AM
dear mr. Joice. Thankyou for your sensible comments on climate change. All countries would have to agree to the rules for it to be any good. If we stop our animals living on farm and another country has extra animals to make up for ir how is this helping the world climate change. it is change one country for another. I appreciate your thought on our country and again thankyou for them.
# Graeme Filmer
Sunday, November 15, 2009 6:15 PM
We wish to support.
# danny donaldson
Sunday, November 15, 2009 7:14 PM
Beautifull words Susan, very well thought through!
# Peta Kane
Saturday, March 06, 2010 1:51 PM
I am a scientist who previously sat on the fence regarding the climate change issue. I had done no reading on the subject and refused to be drawn to comment until such time I had informed myself on the issue. I have since consulted the primary literature and have read extensively on the subject. Based on the information I have read (un-tainted by the spin of media or politicians), I am a firm believer that the global mean temperature has increased as a result of anthropogenic activities and that if nothing is done to reduce carbon emissions, our children and their children will suffer for it. I have no problem with paying extra for my groceries, cutting my losses and moving house, or with having to re-train myself to fit better with a changing world, if that is what has to happen. What does concern me is systems being introduced without the necessary controls required to achieve the end they are in place to achieve. Having to import food to replace food that was previously grown on land planted to carbon sink forest, is completely counter productive and measures should be introduced to control the types of land that these forests may be planted to. I haven't done a great deal of reading on incentives to individuals for installing solar or wind power at their homes, but if enough individuals could generate energy in excess of their requirements at their homes and sell excess back to the grid (or as carbon credits), wouldn't this go some way to sorting the problem? In theory, this solution should also allow expansion of the clean energy industry, which would go some way towards replacing jobs lost by retraction of the coal fired power industry.

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