Australia's Senate votes to repeal mining tax in win for Abbott


  • World
  • Tuesday, 02 Sep 2014

Australian Prime Minister Tony Abbott delivers remarks during a national memorial service for the victims of Malaysia Airlines flight MH17 at St Patrick's Cathedral in Melbourne August 7, 2014. REUTERS/Graham Denholm/Pool

SYDNEY (Reuters) - Australia's upper house Senate voted on Tuesday to scrap a tax on mining industry super profits, a major victory for conservative Prime Minister Tony Abbott that has fuelled accusations that he is in the pocket of global mining giants.

Abbott made abolishing the Mineral Resource Rent Tax (MRRT) one of the centrepieces of his campaign, but it has been stalled in the upper house alongside austere budget measures introduced in May to stave off what he has called a "budget crisis".

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