News Summary: Australian gov't faces tax backlash


Save Story
Leer en espaƱol

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

(AP) - AUSTRALIAN VOTE: A carbon tax on major polluters that has driven electricity rates higher will likely have a major impact on the outcome when Australian voters go to the polls for Parliamentary elections on Saturday.

THE ISSUE: The tax on big polluters such as power plants and factories has been in place since July 2012. The government estimated the tax would cost the average person less than AU$10 per week, but three months after it took effect, most Australians surveyed said it was costing them more than twice that much.

THE CONTESTANTS: Opposition leader Tony Abbott has declared the election a "referendum on the carbon tax" _ a sign of confidence that most voters remain staunchly against it. Labor Party candidates for Parliament continue to trail badly in opinion polls.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast