SYDNEY — Australia’s government repealed a much-maligned carbon tax on the nation’s worst greenhouse gas polluters on Thursday, ending years of contention over a measure that became political poison for the lawmakers who imposed it.
The Senate voted 39 to 32 to axe the 24.15 Australian dollar (US$22.60) tax per metric ton of carbon dioxide that was introduced by the centre-left Labor government in July 2012. Conservative lawmakers burst into applause as the final tally was announced.
Australia's new carbon tax received a cool reception in a poll Monday, showing Prime Minister Julia Gillard's mechanism to tackle climate change is unpopular and her government on track to lose office.Only 33 percent support the measure introduced Sunday, according to the Nielsen survey published in the Sydney Morning Herald, with 62 percent of the 1,400 voters polled opposing it.The centre-left Labor government has launched a drive to sell the carbon tax, which imposes a levy of Aus$23 (US$23.50) per tonne of carbon emissions on about 350 of the country's top polluters.
Sydney (AFP) - Virgin Australia on Friday posted an annual net loss of Aus$355.6 million (US$332 million) as intense competition led by Qantas, weak consumer sentiment and high taxes hurt its bottom line.