Did the Introduction of Carbon Tax in Australia Affect Housing Affordability?

Xin Janet Ge

doi:10.4028/www.scientific.net/AMR.869-870.840

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 869-870Did the Introduction of Carbon Tax in Australia...

Did the Introduction of Carbon Tax in Australia Affect Housing Affordability?

Abstract:

The Australian carbon pricing scheme (carbon tax) was introduced and became effective on 01 July 2012. The introduction of the carbon tax immediately increases the cost of electricity to a number of industries such as manufacturing and construction. Households were also affected as a result of these costs been passed through the supply chain of the affected industries. The carbon tax policy was introduced to addresses greenhouse emissions and energy consumption in Australia. However, the carbon tax policy may have introduced a number of economic risk factors to the Australian housing market, in particular the impact of housing affordability.

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Periodical:

Advanced Materials Research (Volumes 869-870)

Pages:

840-843

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.869-870.840

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Online since:

December 2013

Authors:

Xin Janet Ge*

Keywords:

Australia, Carbon Tax, Construction Activity, Government Policy, Housing Affordability

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* - Corresponding Author

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