		<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="111265417"
		 data-section="2">
		</amp-ad>
				</div>
			</div>
		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/01/tax-proposed-to-fund-floods-relief.jpg"><img class="alignnone size-full" title="Car wrecks outside the town of Grantham in South East Queensland, Australia (AP)" src="http://londonglossy.com/wp-content/uploads/2011/01/min-tax-proposed-to-fund-floods-relief.jpg" alt="Car wrecks outside the town of Grantham in South East Queensland, Australia (AP)"/></a></p>
<p>The Australian government has proposed a tax to partially recoup the more than five billion Australian dollars (£3.1 billion) it expects to spend on rebuilding after major flooding.</p>
<p>Prime minister Julia Gillard announced the temporary tax would apply to Australians on above-average incomes from July and raise 1.8 billion dollars to pay for the massive destruction from weeks of flooding along the east coast that is continuing further south.</p>
<p>But the new tax will need the support of independent politicians to become law when legislation is introduced to parliament next month.</p>
<p>The main opposition party opposes it.</p>
<p>Initial estimates of the damage bill and cost of emergency grants to flood-affected communities for the federal government is 5.6 billion Australian dollars (£3.5 billion).</p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-68ee5b634eaab">
					<script type="text/javascript">
						window.getAdSnippetCallback = function () {
							if ( false === ( window.isWatlV1 ?? false ) ) {
								// Use Aditude scripts.
								window.tudeMappings = window.tudeMappings || [];
								window.tudeMappings.push( {
									divId: 'atatags-dynamic-belowpost-68ee5b634eaab',
									format: 'belowpost',
								} );
							}
						}

						if ( document.readyState === 'loading' ) {
							document.addEventListener( 'DOMContentLoaded', window.getAdSnippetCallback );
						} else {
							window.getAdSnippetCallback();
						}
					</script>
				</div>
			</div>
Discover more from London Glossy Post
Subscribe to get the latest posts sent to your email.
