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Australia: New resources tax, and less drought aid, in Federal Budget

Australian Broadcasting Corporation: The Federal Government hopes to cut back drought assistance in the coming financial year, and has balanced new Budget spending in agriculture with cuts to other programs. The Rudd Government's first Budget also imposes an immediate new tax on the North West Shelf gas producers. Total spending on agriculture, forestry and fisheries for the next financial year is estimated at just under three billion dollars. But the drought is the wild card. There's a big cut - 25 ... Read »
Created by desi Created 21 weeks 3 days ago – Made popular 21 weeks 3 days ago
Category: Environment

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