Re: The carbon tax and Aussie car making
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I work for a fairly large auto industry supplier and have just worked that it is going to cost us ~0.7% on total costs. I think one of the reasons we haven't really moved is due to a lack of cash reserves, I could save 3x that much with a payback in 3 years but due to small cash reserves all capex need an 18 month payback.
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