Abbott scoffs at tax change

OPPOSITION Leader Tony Abbott says Prime Minister Kevin Rudd's changes to the carbon tax were merely a name change.

"What Mr Rudd has announced today is not the abolition of the carbon tax -- all he's done is simply brought forward Julia Gillard's carbon tax changes by twelve months," he said.

"He's not the terminator he's the exaggerator.

"He's not the terminator, he's the fabricator."

Mr Abbott, on a visit to Launceston, said Mr Rudd had given Australians only one year of modest relief.

"He's turned a $64 billion tax into a $58 billion tax," he said.

Mr Abbott said the changes were essentially a concession that the Coalition's criticisms had been right all along.

"He admits the carbon tax is hurting families' cost of living, costing jobs, admits the carbon tax is damaging the economy but he hasn't actually got rid of it," he said.

Labor says the move will save families $380 to $420 a year.

Savings to households will be those which would have occurred anyway under the scheme of Julia Gillard, but a year earlier.

Prime Minister Kevin Rudd promised a reward for households of around $380 a year from lower power costs and said Treasury modelling had produced the following savings calculations:

• Around $210 for a non-working single parent with two children aged three and eight receiving Parenting Payment Single;

• Around $380 for a single income couple with two children aged three and eight where the breadwinner earns around $75,000;

• Around $420 for a dual income couple with two children aged three and eight, on a family income of around $100,000 a year (split 75:25 between the parents);

• $140 for a maximum rate single Age Pensioner with no other income;

• $180 for a maximum rate Age Pensioner couple with no other income.

Mr Abbott also made an election promise of $1.25 million for an upgrade the Invermay Park football ground.

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