11 March 2010
Business owners ignore Federal Government CPRS
Small and medium businesses feel left out of the Federal Government’s plans for cutting carbon emissions.
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Australian business owners are ignoring the government’s emissions trading scheme, according to research by RMIT University academics.
In a national survey, 87.7 per cent of business owners said they had not introduced any changes in anticipation of the Carbon Pollution Reduction Scheme (CPRS).
Almost 94 per cent also said they had not received enough information from the government about the CPRS.
The research results are part of the MGI Australian Family and Private Business Survey, undertaken by Professor Kosmas Smyrnios and Lucio Dana. The full report will be available mid-year.
The survey of 5,000 companies was sponsored by leading international accounting firm, MGI Australasia, which specialises in the family and privately-owned business sector.
MGI Australasia CPRS expert and MGI Adelaide Director, Des Caulfield, said that it would be hard for the government to sell the benefits of its proposed policy while small and medium enterprises did not have access to the information they needed about CPRS.
More information would also help the more than half of Australian business owners who feared they would incur increased costs as part of the CPRS.
“They felt the price jumps will be in energy (80 per cent), transport (72 per cent) and raw materials (49 per cent),” he said.
Business owners said their accountants (27 per cent) were most likely to assist them prepare for the introduction of CPRS. But nearly half (43.1 per cent) said they were not looking for outside help.
