Prime Minister Tony Abbott is about to release draft laws to repeal the carbon tax and he vows it will be the first bill to be considered by the new parliament.

Mr Abbott says the draft will be on the federal government's website at 4pm (AEDT) on Tuesday.

"This legislation will be the first bill considered by the new parliament," he told reporters in Canberra.

"It is a bill designed to not only keep the government's commitments but to do the right thing by the people of Australia."

Mr Abbott said when the legislation passed, households would be up to $550 a year better off.

The government estimated power prices would fall by nine per cent and gas prices by seven per cent.

"That means that the average power bill will be $200 a year lower, and the average gas bill will be $70 a year lower," the prime minister said.

About News.net

Publishing Services International Limited (PSIL) is the publisher and operator of a worldwide network of online news sites dedicated to delivering fair, accurate and relevant reporting from a variety of the world’s most trusted sources – from the biggest cities to the smallest towns.

We deliver positive and powerful messages to our readers, providing up‑to‑the‑second news that matters to the individual.

Our promise is to serve communities and individuals worldwide, delivering information that hasn’t always been available to them. We will give them back a voice – a voice that’s empowering because it is theirs – and provide a platform to communicate between themselves and the world.

We believe people are not just generic demographics; they are individuals with their own preferences and curiosities. We are about understanding these individuals, listening to them, and serving them.

We are the new pioneering spirit of news – we’re not talking to everyone, we’re talking with every one.

If you want your news, your voice, your way, on your time – we’ve got news for you.

 

FAQs

Email

If you have any questions or concerns please email us on support@news.net

Phone

  • Australia, Toll Free 1-800-983-421
  • Hong Kong, Toll Free 800-906-187
  • Singapore, Toll Free 800-852-3871
  • USA/Canada, Toll Free 1-800-830-4132

Advertise With Us

Interested in being awesome?
Contact us by email or phone.

Cancel