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Australian government eliminates mining tax

Cecilia Jamasmie | May 14, 2014 | 3:00 pm Energy Top Companies Australia Europe Coal Iron Ore 

Australia’s Federal Treasurer, Joe Hockey, unveiled the country’s toughest budget in almost two decades last night, slashing welfare entitlements and increasing taxes for high earners, but also abolishing the country’s debated mine tax. In his speech, published by ABC News,...

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