Don’t miss the latest developments in business and finance.

Australian PM introduces bill to repeal carbon tax

Image
AP Canberra
Last Updated : Jun 23 2014 | 11:01 AM IST
Prime Minister Tony Abbott has reintroduced legislation to the Australian Parliament that would repeal a carbon tax that the nation's worst greenhouse gas polluters have to pay.
The opposition centre-left Labour Party and minor Greens party used their Senate majority in March to block the bills to remove the tax, which was introduced by a Labour government in July 2012.
But with new senators taking their seats on July 7 for the first time since Abbott's conservative coalition government won elections in September, the bills are expected to be passed by a narrow margin.
While introducing the bills to the House of Representatives where the government holds a clear majority, Abbott said today that voters had rejected the tax by electing his government.

Also Read

First Published: Jun 23 2014 | 11:01 AM IST

Next Story