Australia's new government aims to re-boot mining boom


  • World
  • Sunday, 08 Sep 2013

CANBERRA (Reuters) - Australia's incoming conservative government promised to re-boot a stalled mining boom and revive an appetite for investment on Sunday after leader Tony Abbott swept into office on a platform to scrap a mining tax and run a stable administration.

Abbott's Liberal-National Party coalition ended six years of often turbulent Labor Party rule and three years of minority government, winning a majority of more than 30 seats in the 150-seat parliament at Saturday's national elections. It was Labor's worst result since 1934.

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