Summaries - Australian Financial Review
Friday 30/5/2008 Page: 19
The solar panel industry has begun laying off staff because of widespread cancellations of orders following the Federal Government's decision to means test the $8000 rebate for residential panels. The rebate is now only available to households with a combined income of $100,000 or below. The industry estimates about three-quarters of the people who place orders for the systems earn above that amount.
The industry has appealed to Environment Minister Peter Garrett to scrap the means test or at least raise the income threshold. Meanwhile, Climate Change Minister Penny Wong has denied claims by the Greens and the Alternative Technology Association (ATA) that the Government misinterpreted an ATA survey which was used to assist with its means-test decision.
0 comments:
Post a Comment