Treasurer pushes Senate to repeal mining tax

TREASURER Joe Hockey is pushing for the Senate to help repeal Labor's mining tax, after the latest figures showed the tax raised just $600,000 for the June quarter.

Mr Hockey released the aggregate figures on Wednesday, almost two weeks after the Senate rejected the government's bills to repeal the tax.

The government was hoping to repeal the tax, along with spending measures including the Schoolkids Bonus and income support bonus.

But the bills failed when the Palmer United Party refused to back the repeal if it meant the end of the bonuses and a low-income superannuation contribution.

With Labor and The Greens firm in opposing the repeal, Mr Hockey hopes to reopen talks with Senate crossbenchers, in a bid to fulfil the election promise, when sittings resume in late August.

The figures showed the June quarter revenue from the tax, which is based on profits, rather than income, raised less than 1% of the estimated $150 million forecast last year.



Broncos revolt tears club in two

premium_icon Broncos revolt tears club in two

Wayne Bennett, Darius Boyd reportedly snub Broncos CEO event

Ipswich residents say no to 'sardine city'

premium_icon Ipswich residents say no to 'sardine city'

ALP MP Jo-Ann Miller is backing moves by residents

Spitter's threat to slash throats, kill police

premium_icon Spitter's threat to slash throats, kill police

Officers, guards bare brunt of troublesome drunk

Local Partners