Master Builders Australia today announced it would not support a carbon tax unless the issue of increased costs to the building industry are addressed.
According to Master Builders', the building and construction industry could see costs go up by at least 5 per cent if the carbon tax goes ahead.
"These concerns have been expressed in writing to Minister Combet in the last month and at a meeting with Minister Combet's senior advisers in a meeting at Parliament House today,” Master Builders of Australia chief executive Wilhelm Harnisch said.
"The role of the building industry in helping reduce carbon emissions is recognised but what is not well understood is that the building industry is already playing a proactive role through increased mandatory efficiency stringency measures.”
"These measures will see carbon emissions reduce over time and must be taken into account in the architecture of a market based response by Government,” he said.