Abbott seen getting support for pledges

Bloomberg

Prime Minister Tony Abbott will get enough support from minor parties to pass legislation repealing Australia’s carbon price mechanism and mining profits tax, The Australian newspaper reported Saturday.

To deliver election pledges to scrap the charges enacted by the previous Labor government, Abbott needs the support of at least six senators outside his Liberal-National coalition. Three legislators from the Palmer United Party and three more from minor parties will vote with Abbott’s coalition to repeal the levies in the Senate, the paper reported.

“We are a libertarian party, we’ll support any move to lower taxes,” Liberal Democratic Party Sen.-elect David Leyonhjelm said. Abbott should win backing to repeal the levies, Leyonhjelm said, adding he has not discussed voting intentions with other incoming senators.

Abbott’s coalition, which won a majority in Australia’s lower house in a Sept. 7 national election, will hold 33 of the 76 seats in the new Senate to be formed July 1, according to the Australian Electoral Commission.