ABC NewsMail - Afternoon Edition

NewsMail Afternoon Edition Wed 07 May, 2014 Top Stories More Top Stories » Debt tax firms as Coalition asks for Australia's trust By political correspondent Emma Griffiths Prime Minister Tony Abbott and Finance Minister Mathias Cormann have emerged from a key Cabinet meeting, all but confirming next week's budget will include a debt tax. Cabinet has today considered imposing higher taxes on workers in the top income brackets to share the burden of paying back the nation's debt. Senator Cormann says there needs to be an "immediate special effort" to repair the budget. "And that special effort needs to be spread fairly and equitably," he said. "What we would ask people across Australia to do is to trust us." More » Brisbane chef Peter Milos found dead in suburban garage Palmer serves Newman with $1.1m defamation writ SBY wants to mend rift with Australia soon 'Boys will be boys', Robb says of Packer-Gyngell brawl Concerns over Brunei sharia law amid Beverly Hills Hotel boycott Household debt the big threat to Australian economy Monica Lewinsky opens up about Clinton affair More than 170 sharks captured on drum lines Fairfax to cut 80 editorial, magazine and photo jobs More Analysis » Abbott left himself little wriggle room on promises As opposition leader, Tony Abbott cast himself as the ultimate lie detector. Every Labor policy contortion represented a broken promise, another nail in the coffin of a government "dying of shame". Herein lies the problem for Abbott as he tries to fend off criticism over his proposed "deficit levy" and a mounting list of junked election commitments. Having hounded Kevin Rudd and Gillard for broken promises, he has left himself no wriggle room. There can be no surprises and no excuses. More » The kneejerk non-solution of bicycle licences Malthouse and Mulvey: the tale of two Mikes My painful decision to pre-empt the cancer gene Ignore the audit furphy and take some free advice Hockey has us tracking towards surplus Democracy was made for Q&A's young chanters Protesters spoil chance to persuade You can't just tax your way to a surplus Breaking through the class ceiling Just In More Just In » Bat with lyssavirus scratches Queensland police officer A police officer has received medical treatment after being scratched by a bat infected with lyssavirus at Redcliffe, north of Brisbane. More » Alleged Melbourne paedophile faces 93 charges Police investigators review Packer-Gyngell brawl footage Spending more for broadband in the bush White House calls for action on climate change Debt tax firms as Coalition asks for Australia's trust Palmer serves Newman with $1.1m defamation writ 'Boys will be boys', Robb says of Packer-Gyngell brawl Brothers offer victims a review of compensation NSW Cabinet reshuffles for second time in two weeks World More World » White House calls for action on climate change By Michael Vincent, wires US president Barack Obama says a new report on climate change underscores the need for "bold actions". More » Concerns over Brunei sharia law amid Beverly Hills Hotel boycott British earl selling family mountain to pay tax debt Roger Federer welcomes second set of twins South Africans head to polls as ANC on track for another term German recluse who hoarded Nazi-looted art dies Business More Business » Retail sales disappoint with tiny growth in March By business reporter Michael Janda Retail sales have missed expectations, edging just 0.1 per cent higher in March, driven largely by food, especially a rise in cafe and restaurant eating. More » Coalition MP says proposed debt levy will 'devastate economy' Home building grows, but commercial and engineering contract Keen and Symond debate housing market outlook Household debt the big threat to Australian economy Calls for investigation into Seven's bid for Nexus Fairfax to cut 80 editorial, magazine and photo jobs Politics More Politics » Debt tax firms as Coalition asks for Australia's trust By political correspondent Emma Griffiths Prime Minister Tony Abbott and Finance Minister Mathias Cormann have emerged from a key Cabinet meeting, all but confirming next week's budget will include a debt tax. Cabinet has today considered imposing higher taxes on workers in the top income brackets to share the burden of paying back the nation's debt. Senator Cormann says there needs to be an "immediate special effort" to repair the budget. "And that special effort needs to be spread fairly and equitably," he said. "What we would ask people across Australia to do is to trust us." More » NSW Cabinet reshuffles for second time in two weeks Developer denies payment to Eightbyfive was bribe Coalition MP says proposed debt levy will 'devastate economy' South Africans head to polls as ANC on track for another term Sport More Sport » Viney's suspension 'very unlucky': Demetriou Outgoing AFL chief executive Andrew Demetriou says suspended Melbourne player Jack Viney is very unlucky. More » Neill's contribution should not be forgotten Bird wants Reynolds as Blues' five-eighth Caldwell emerges as Diamonds bolter Reds stretched with horror run of injuries Dustin Fletcher: 39 and counting Science and Technology More Science and Technology » Call to increase black box recording time European safety officials have proposed tougher rules for 'black box' flight recorders in the strongest regulatory reaction yet to the disappearance of Malaysia Airlines flight MH370. More » Samsung ordered to pay Apple $129m over patents CSIRO needs $175m to upgrade ageing buildings: Audit Scientists look to past to beat antibiotic resistance Chemo researchers 'discover immune cells on/off switch' Environment More Environment » White House calls for action on climate change By Michael Vincent, wires US president Barack Obama says a new report on climate change underscores the need for "bold actions". More » Miner's corporate affairs manager developing environmental policy for LNP Nyrstar smelter transformation getting SA Government guarantee Western quoll returns to Flinders Ranges in SA Government releases climate change policy white paper About this email You received this email because you are subscribed to ABC News email alerts. This message was sent to you at starnewsposting@gmail.com Please add newslists@your.abc.net.au to your email address book to see images by default and stop the email being treated as spam. 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