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Greens move to scrap royalty free ride from mining tax

Speaking on Meet the Press today, Greens Deputy Leader Adam Bandt has said the Greens will move to scrap the royalty rebate contained in the mining tax legislation.

Mr Bandt said that the Greiner/Brumby review of the mining royalties has confirmed the inherently flawed nature of the government's royalty deal with the big miners. If the rebate was retained, it would put the Commonwealth's mining tax revenue at the mercy of the States, Mr Bandt said.

"We will move in Parliament as soon as possible to remove this unsustainable deal on royalties", Mr Bandt said.

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Govt reneging on skills promise

Greens MP and employment and industry spokesperson, Adam Bandt, says the government is ignoring commitments made at Budget time last year to train Australian workers.

The Greens warned at the time that the government's skills package could lead to the mining industry ignoring Australian workers and our worst fears seem to be coming true, Mr Bandt said.

Mr Bandt called for the urgent fast-tracking of a National Skills Register that would help find work for skilled people in the non-mining states on mining and resource projects.

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Greens reject Victorian coal push

The Australian Greens have rejected a renewed push by the Baillieu government to expand brown coal mining in Victoria. The Greens will also look at what action can be taken by the Federal government to slow down the push.

"Minister Comber should not be encouraging these moves by the Baillieu government. The Clean Energy Future package is about transitioning away from our dependence on coal, in particular brown coal. The Gillard government should not undermine that by backing this move. It is economically and environmentally irresponsible," Deputy Greens Leader Senator Milne said.

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Bandt to test support for new sovereign wealth fund

Greens MP Adam Bandt says he will test support for the establishment of a new sovereign wealth fund when Parliament resumes next year.

Mr Bandt says there is growing support inside the old parties for a new sovereign wealth fund. He wants use the opportunity provided by the current Parliament to take the first steps next year towards establishing a new fund.

"Establishing a sovereign wealth fund is the next big step in economic reform," Mr Bandt said.

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