So that was week one of the carbon price, and a pretty grim week it was. Another Australian soldier killed in Afghanistan, more bombings in Iraq, more carnage in Syria, floods in Russia, a purge at Barclay's following the interest fixing scam, GlaxoSmithKline fined $3 billion and, back home, the State of Origin tragedy. But in general the week lived up to all the more rational predictions around the carbon tax: nothing much changed, just as Gillard insisted would be the case. And paradoxically, that is the bad news for the Government. More » |
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