Mining tax and 'asset recycling' losses follow success on carbon tax repeal |

Mining tax and 'asset recycling' losses follow success on carbon tax repeal | World news | NewsWire
Government backbencher Ian Macdonald made a speech wearing a hi-visibility orange suit bearing the logo 'Australians for coal'. Photograph: AAP Image

The Abbott government has suffered two big losses straight after it succeeded in “axing” the carbon tax. The government has refused to accept Senate amendments to the mining tax bill – so the mining tax and associated spending measures stay, at least for now – and the Senate is insisting on major changes to the “asset recycling” scheme that is supposed to ensure the construction of the “roads of the 21st century”.

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Mining tax and 'asset recycling' losses follow success on carbon tax repeal

Mining tax and 'asset recycling' losses follow success on carbon tax repeal | World news | NewsWire
Government backbencher Ian Macdonald made a speech wearing a hi-visibility orange suit bearing the logo 'Australians for coal'. Photograph: AAP Image

The Abbott government has suffered two big losses straight after it succeeded in “axing” the carbon tax. The government has refused to accept Senate amendments to the mining tax bill – so the mining tax and associated spending measures stay, at least for now – and the Senate is insisting on major changes to the “asset recycling” scheme that is supposed to ensure the construction of the “roads of the 21st century”.

Read More >

Direct Action climate policy way off target, industry groups tell Tony Abbott |

Direct Action climate policy way off target, industry groups tell Tony Abbott | World news | NewsWire
Climate Institute chief John Connor said Direct Action would need 'massive strengthening'. Photograph: Alan Porritt/AAP Image

Tony Abbott is under pressure from business, environment groups and climate policy experts to bolster his Direct Action climate policy with a new carbon pricing policy or tough regulations to give Australia some chance of meeting its 5% emissions reduction target in an affordable way.

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Direct Action climate policy way off target, industry groups tell Tony Abbott

Direct Action climate policy way off target, industry groups tell Tony Abbott | World news | NewsWire
Climate Institute chief John Connor said Direct Action would need 'massive strengthening'. Photograph: Alan Porritt/AAP Image

Tony Abbott is under pressure from business, environment groups and climate policy experts to bolster his Direct Action climate policy with a new carbon pricing policy or tough regulations to give Australia some chance of meeting its 5% emissions reduction target in an affordable way.

Read More >