The Abbott government has finally delivered on a key election promise and repealed the mining tax after striking a compromise with the Palmer United Party, but at a $6.5 billion hit over four years to the budget bottom line.
Read the full ICAC Operation Spicer transcripts here.
Coles plans to cut between 500 and 600 jobs from its head office in Melbourne as part of a renewed efficiency drive.
Business Council warn that spending measures should go with mining tax
Turkey's Ambassador in Canberra blasts as "unfair" international calls to tighten the country's border with Syria to stem the flow of foreign jihadists.
Australia's $1.85 trillion superannuation industry has decried the government's surprise decision to again delay an increase in the super guarantee.
The mining tax has been repealed after the Abbott government reached a deal with the Palmer United Party to scrap the tax but keep the associated compensation.
At last one of history's most idiotic pieces of legislation, the Minerals Resource Rent Tax, has found a use.
It was the tax that dared not speak its name, mostly because, well, it didn't actually raise any real money. It is hard to hold your head high when your sole mission in life is to tithe, and instead you end up de-magnetising revenue like a pile of confused iron filings. When you are more laughing stock than levy. When you are unable to support the government spending measures you are supposed to fund, and when even your own father (former treasury boss Ken Henry) wonders publicly if there is any point to your existence at all.