Launched by consumer advocate CHOICE, the Australian Council of Social Service and policy research organisation The Climate Institute, this study gives households the tools to weigh up their own costs, financial support and potential savings under the carbon price with an independent online tool  - yourcarbonprice.com.au. The CSIRO-AECOM research underpins the figures used in the tool, as well as a national information program available to councils, schools, faith groups, business groups and other organisations.

The CSIRO-AECOM research shows impacts on households are likely to be smaller than anticipated. It calculates Australia’s carbon pollution price will add 0.6% to inflation in 2012-13. This is less of an impact on the economy than estimated by Treasury modelling, and may be even smaller as the modelling assumes a 100% pass-through of costs by businesses to consumers. The study also compares the effect of the carbon pollution price with other inflationary events such as the introduction of the GST, Cyclone Yasi and the mining boom. It finds that the impact on prices of the 2001 GST was more than 4 times bigger (2.5%) than the carbon price, while fruit prices, led by bananas, spiked by a massive 70% after the damage of Cyclone Yasi. The study reports that without domestic and global action to slow down climate change, the impact on basic food prices is likely be 20 times greater than the carbon price impact by 2050 because of extreme weather events.

Spotlight Report
Download to View (PDF, 1MB)	Download to Print (PDF, 1MB)

Snapshot Summary
Download to View/Print (PDF, 1.1MB)

Case Studies
Low-Income Family (with 2 kids)	Middle-Income Family (with 2 kids)	High-Income Family (with 2 kids)	Single Parent (with 2 kids)
Download (PDF, <980KB)	Download (PDF, <980KB)	Download (PDF, <980KB)	Download (PDF, <980KB)
Single Person (under 65)	Pensioner Couple	Pensioner Single
Download (PDF, <980KB)	Download (PDF, <980KB)	Download (PDF, <980KB)

The online tool and above materials are based primarily on independent analysis undertaken by CSIRO and AECOM. This research was commissioned by The Climate Institute, with advice and input from CHOICE and ACOSS.

CSIRO/AECOM Full Report	CSIRO/AECOM Summary Report
Download (PDF, 1.8MB)	Download (PDF, 590KB)

Support for households

The Government has estimated that nine out ten Australian households will receive financial assistance through the carbon price reforms. This assistance will be delivered through a mix of tax cuts and increased benefit payments. Exactly how much assistance your household will receive depends on your specific circumstances, including your income level and the number of dependent children. For a more detailed estimate of the level of assistance you will receive, visit cleanenergyfuture.gov.au.

Energy saving measures

The energy efficiency data in the tool and within the other materials is derived from analysis prepared for the Clean Energy Council by the Sustainability Advice Team and Pitt&Sherry. A technical note detailing all assumptions is available here.
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For more information or to organise materials and support for your councils, schools, faith groups, business groups or other organisations, please email:

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