Mathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | Hansard source

asked the Minister representing the Treasurer, upon notice, on 18 August 2011:

With reference to the Treasury Carbon Tax modelling Strong growth, low pollution: Modelling a carbon price:

Given the shapes of the curves in the right-hand panels of Charts 5.10 to 5.13 of the Treasury modelling show the impact of the carbon tax, in percentage deviation terms, continuing to grow at a more or less steady pace, year after year, right through until 2050, for each of Gross National Income (GNI) per person, the capital stock, real wages and Gross Domestic Product (GDP), on this basis:

(1) How much longer will these costs continue to grow like this.

(2) At what level do the equilibrium costs to the levels of GDP, GNI and real wages eventually settle (in percentage deviation terms).