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Fri 06 Dec, 2013

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Holden to pull out from 2016, ministers say

Holden has made the decision to pull out of Australia as early as 2016, according to senior Government ministers.

The ABC has been told the announcement was supposed to be made this week but has been put off until early next year.

Holden says discussions with the Government on its future are continuing, and it says it does not respond to speculation.

The Australian Manufacturing Workers Union (AMWU) says Toyota would be likely to follow suit, meaning the end of the Australian automotive industry.

Industry Minister Ian Macfarlane says he has spoken to Holden and they have denied the reports.

However, one source has told the ABC that Holden wants to leave Australia regardless of any assistance package.

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The Drum

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Money for nothing in Gonski backflip

Days after Tony Abbott and Christopher Pyne's Gonski backflip, parents are left wondering what last week was all about.

Why did Pyne do what he did? Parents can only speculate.

Whatever the motives, the country is now left with a failing system still in need of reform.

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Just In

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England made right call picking Panesar: Swann

Graeme Swann saw enough in the Adelaide Oval pitch on day one to confirm spin will factor heavily in the Test.

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World

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Major storm kills two in UK, causes chaos across northern Europe

A major storm, which has killed at least two people and left tens of thousands without power in the UK is causing chaos across northern Europe.

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Business

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Holden to pull out from 2016, ministers say

Holden has made the decision to pull out of Australia as early as 2016, according to senior Government ministers.

The ABC has been told the announcement was supposed to be made this week but has been put off until early next year.

Holden says discussions with the Government on its future are continuing, and it says it does not respond to speculation.

The Australian Manufacturing Workers Union (AMWU) says Toyota would be likely to follow suit, meaning the end of the Australian automotive industry.

Industry Minister Ian Macfarlane says he has spoken to Holden and they have denied the reports.

However, one source has told the ABC that Holden wants to leave Australia regardless of any assistance package.

More »

Politics

More Politics »

Australia setting up hotline with Indonesia in wake of spying row

Australia and Indonesia are setting up a hotline to avoid any misunderstandings, as the two countries attempt to patch up the relationship after the spying scandal.

Foreign Minister Julie Bishop met with Indonesian counterpart Marty Natalegawa yesterday, with both sides vowing to rebuild but nobody able to say how long it would take.

Mr Natalegawa has also warned other countries in the region to prepare themselves for the potential of more spying revelations.

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Sport

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England made right call picking Panesar: Swann

Graeme Swann saw enough in the Adelaide Oval pitch on day one to confirm spin will factor heavily in the Test.

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Science and Technology

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Amazon's drone delivery plan sparks privacy debate in US

Amazon's proposal to use drone vehicles to make deliveries has caused significant debate in the United States.

Some citizens see potential for drones to expand business capabilities and emergency services, whilst others are concerned about threats to privacy that an increased number of 'eyes in the sky' might pose.

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Environment

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Abbott hits YouTube to ramp up pressure on Labor over carbon tax

Prime Minister Tony Abbott has taken to YouTube in a bid to up the ante on Labor to axe the carbon tax.

Legislation to repeal the scheme is set for debate in the Senate this week but the bills are headed for defeat at the hands of the Opposition and the Greens.

Mr Abbott continues to push his assertion that abolishing the carbon price will save householders hundreds of dollars.

"You could do a lot with $550. That's what every Australian household on average will get from the abolition of the carbon tax," he said in the video.

"It would be the best possible Christmas present for the Australian people."

Labor insists it will only agree to abolish the tax if it is replaced with an emissions trading scheme and not the Coalition's Direct Action policy.

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