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Australia Axes Controversial Carbon Tax

The Australian parliament has voted to end a controversial carbon tax and plans for an emissions trading scheme. Conservative Prime Minister Tony Abbott says getting rid of the levy will boost business and lower household power bills, but critics insist Abbott is taking Australia backwards. Abbott believes the carbon tax was a handbrake on the economy, and put too much financial pressure on families. He said it was a "destructive tax" that damaged jobs, and did little to help...

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