Processors consider closure as escape from looming carbon tax

Teys Australia has signalled its intention to consider temporary plant closure as a means of escaping the Federal Government’s looming carbon tax, which is set to cost the Australian processing industry millions of dollars each year.

Teys spokesman Tom Maguire told Brisbane’s Sunday Mail yesterday that the company could shut its flagship Beenleigh plant temporarily to sidestep the tax.

Any closure would be a short period of time – weeks, not months,” he told Beef Central this morning.

“It would obviously be a last resort measure, but I find it ridiculous that the Government would leave us contemplating such a move at this stage,” Mr Maguire said.

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