Australian Bureau of Statistics
4629.0.55.001 - Discussion Paper: Environmental taxes in Australia - Experimental new statistics, 2000-2011
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 13/12/2012 First Issue
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TOTAL ENVIRONMENTAL TAX REVENUES
The fall in environmental taxes as a percentage of GDP is driven by a greater increase in GDP in current prices. As noted in Table 6.1, environmental taxes have increased close to 55 per cent over the stated time period. However, in terms of constant prices, environmental taxes have grown more than GDP over the stated period (as seen in Figure 6.2)(footnote 1) .
As the carbon price mechanism will be included in future statistics on environmental taxes that will change the level of revenues raised in the area. It is expected that the revenues will have an impact on the growth of the tax share of GDP.
1 Taxes are normally not calculated as constant prices as taxes do not have a price but their products do. The composition of the implicit price deflator does therefore not reflect a true relationship to the taxes in question. The implicit price deflator used in this case is a means to evaluate the movement in conjunction with GDP in volumes. <back
This page last updated 12 December 2012
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