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Australia: Combet confirms carbon trading tax cut on hold

Posted on 08 May 2013

Climate Change Minister Greg Combet has confirmed the 2015 tax cut associated with the carbon trading scheme will not go ahead because of the drop in the carbon price in Europe.
Mr Combet says the Government know thinks the carbon price will not be as high as the $29 per tonne originally forecast. He says that means there will not be a need to increase the tax free threshold as promised………………………………………..Full Article: Source


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