Carbon tax price freeze for Aussie manufacturer

Standard Communications, the manufacturer of Australian brands GME and Kingray, has declared that, whille the carbon price impost will increase its operating costs; the company has no intention of passing these charges onto users.

Paul Maloy, Standard Communications’ managing director, said, “Based on the available information, we have undertaken a rigorous analysis of the Gillard government’s decision, examining both the direct and indirect impact it will have on our operations. Given the nature of our Australian electronics manufacturing and distribution business, we can expect substantial increases in our electricity fees, fuel costs, transportation and raw materials.

“Nonetheless we fully understand that many business and households are doing it pretty tough at the moment; Standard Communications is 100% committed to supporting its customers and dealer network, consequently we have adopted this rather radical position and urge other companies to do the same.”