Most convinced carbon tax will be costly
Most people are convinced the carbon tax will add to cost-of-living pressures even though they have been compensated by the federal government.
Mortgage provider Loan Market's online survey found 59 per cent of respondents are convinced the tax will increase the cost of living, while just nine per cent believe costs will be minimal.
The survey of 739 respondents found 18 per cent believed the impact of the tax will not be as bad as some have made out, while 14 per cent reserved judgment.
Treasury has estimated that pricing carbon will increase the consumer price index by 0.7 per cent, while the Reserve Bank says it will look through the adjustment when considering interest rates.
Loan Market Corporate spokesman Paul Smith says the carbon tax is another factor weighing on consumer confidence in what are already challenging times.
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