FF, yes, I do indeed think that it will be a massive new tax, because the cost of living will rise, for no apparent gain. I work very hard, as does my wife. Because of that, we are considered high income earners, and by the government's own calculations, will be approximately $2500 WORSE off every year, and remember this thing goes up every year! And guess what? GST will be calculated on any new inflated bill, such as electricity, which may rise by up to 35%!! I did not want this thread to be a debate about the climate, just the pending threat to this countries ability to compete and ensure all of our futures.