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Abbott should axe miners’ fuel subsidies first: Bandt

Responding to reports Tony Abbott is planning to make petrol more expensive, Greens Deputy Leader, Adam Bandt, said Tony Abbott should end fuel subsidies for wealthy miners first.

"Taxpayers shouldn't fork out billions each year just so the likes of Gina Rinehart can buy cheap diesel," said Mr Bandt.

"How can Tony Abbott justify making people pay more for petrol while giving wealthy miners subsidised fuel?"

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Axe $13 billion in fossil-fuel subsidies: Greens

The Greens today said a report from the Parliamentary Budget Office (PBO) makes clear that Tony Abbott can raise more than $13 billion without hurting vulnerable Australians.

The PBO report details how, by ending taxpayer subsidies to ‘big mining’ and the likes of Gina Rinehart, the Abbott Government wouldn’t need to go after pensioners, disabled people and Medicare, said acting Greens Leader, Adam Bandt.

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Greens to block Abbott gutting threatened species protection

The Australian Greens will move amendments in the Lower House today to stop the Abbott Government from ripping up threatened species protection.

“The Abbott Government wants to remove the community’s right to take the government to court if it ignores expert advice on threatened species impacts when approving major developments, like massive mines and coal ports,” Adam Bandt, Deputy Leader of the Australian Greens, said. 

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Abbott secret plan environmental disaster: Greens

Tony Abbott's double dissolution agenda and secret policy revealed today would be a disaster for the climate and the environment, Greens Deputy Leader, Adam Bandt MP and environment spokesperson Senator Larissa Waters said today.
Labor needs to give a clear commitment before the election that they won't be spooked into caving in to the Abbott agenda because of the double dissolution threat, Mr Bandt said.

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Brown coal compensation must be reviewed

The over generous compensation to the high greenhouse gas emitting brown coal generators is shocking but comes as no surprise and must be reviewed by the Federal Government, Senator Christine Milne said today.

The whole point of the Clean Energy Package was to drive transition away from the dirtiest brown coal emitters not to prop them up and delay a clean renewable energy future. 

"Professor Ross Garnaut and I both argued passionately against the $5 billion compensation package, arguing that it was a shocking waste of money," Senator Milne said.

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We will close miners asset loop hole: Greens

The Greens currently have a bill before House and the Senate which would close the royalties loopholes. The Greens will now also move amendments to close additional loopholes in the mining tax, which allow mining companies to exaggerate the value of their assets to get a higher tax break.

Closing the depreciation loophole, which allows the big miners to deduct the market value of existing assets over many years instead of deducting the book value over 5 years, could eventually save almost $2 billion a year in lost revenue.

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Revenue crisis means gov must ditch surplus: Bandt

Government accounts released today, detailing a massive shortfall in mining tax revenue, require the government to ditch its surplus straightjacket, says Acting Greens Leader Adam Bandt MP.

"An early political surplus is now a fool's errand," Mr Bandt said.

"There is a growing revenue crisis in this country."

"Unless Labor is prepared to take on big business and fix the mining tax, the only way of reaching an early political surplus is to make massive cuts that will hurt people, small business and the economy."

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Cross-bench joins Greens to plug hole in mining tax

Greens Leader, Christine Milne, and Deputy Leader, Adam Bandt, have welcomed the support of lower house cross-benchers for a Greens bill to plug the royalties hole in the MRRT.

Following Senator Milne's introduction of the Minerals Resource Rent Tax (Protecting Revenue) Bill 2012 into the Senate, Mr Bandt today gave notice he will introduce the bill into the house.

The bill will ensure the Commonwealth loses no revenue when State governments raise royalties and will generate $2.2bn in revenue over the next 3 years.

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Don’t slug single parents - make mining giants pay their share

Having moved amendments, motions and bills to fix the poorly designed Mining Tax, the Greens will raise with the Prime Minister the urgent need to fix the tax and plug the growing revenue hole that is seeing single parents, job-seekers and researchers go without.

"You have to ask what is 'Labor' about allowing multi-billion dollar mining companies to avoid paying their fair share while slugging single parents, refusing to lift the appallingly low Newstart allowance and cutting funding for research and training," Australian Greens Leader, Senator Christine Milne, said.

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