Welcome back! Hope your weekend was all that and more. And filled with lovely things. But it’s Monday and that means, at the very least, we should kick off the working week with what’s making news. It’s been a busy weekend for news and we’ve made it easy for you to catch up. Enjoy!
1. Gillard announces carbon tax compo, Abbott says it’s a con.
Prime Minister Julia Gillard says nine out of ten homes in Australia will be handed tax cuts and compensation through family tax benefits as part of her carbon tax compensation plan. Opposition leader Tony Abbott says he would deliver his own cuts without the carbon tax if he is voted in at the next election. While the price on carbon is yet to be set, some are now saying it will be $20 per tonne which would be an average jump in living costs of $500 a year or $10 a week for households. The compo will kick in from July 1 next year.
2. Steve Irwin’s Dad approached to run for seat in Queensland Parliament.
It’s no secret Bob Irwin has been a bit of a crusader on environmental issues lately, including being fined $300 for protesting against the Coal Seam Gas industry. Now he’s been approached to run against the Liberal National leader-in-waiting Campbell Newman and popular Labor Party incumbent Kate Jones. Bob would likely run as a candidate for the Queensland Party or as an Independent. That would make the race for the seat of Ashgrove a really interesting race indeed.
3. Do we need the 5 cent piece any more?
The Aussie Mint reckons the 5 cent piece is passed its use by date. Sounds fair enough, given it now costs more than five cents to print the 5 cent piece. Of course that wouldn’t make everyone happy. Charities are major recipients of 5 cent pieces as donations and, well, if it’s taken away shops and retailers may round up to the 10-cent price mark instead. Insert pun about whether any of this makes sense now.
Top Comments
I dont like the way the Gina Rinehart story has been cast by the media - as a rich woman just trying to get richer. Presumably her case will be judged on its legal merit so her current financial status is irrelevant. I cant imagine this story being run this way of she was a rich bloke. And Rio Tinto are not exactly paragons of virtue....
Compensation for the carbon tax just seems to defeat the purpose. How consumer behaviour can be encouraged to drive change when the price motivation is removed, is a mystery.
Hooray for New York!
Poor bear , makes me really sad.