Abbott claimed that the proposed action would save families an average of $550 per annum. The ABC fact-checked this claim when it was made at the Rooty Hill debate and found the saving to be $134 when compared to the then planned Labor early move to a trading scheme.
The legislation will be effective from 31 July 2014 even if passed later than that date.
Labor and The Greens are standing firm, so Abbott will have to try his luck with the new senate from July 2014. I believe there is a recount in progress in WA but in any case the LNP will only have 33 of the 39 votes it needs to pass the legislation. Since the Palmer United Party will control either three or four of the votes, dealing with them will be inevitable. Palmer wants to scrap the tax, but wants all the tax collected to be repaid. Then Abbott will need two or three of the other floating votes. Since repealing the tax is a high priority it would seem a perfect opportunity for the floaters to go hard.
Meanwhile Labor after Shorten announces his full team on Friday will have ample time to contemplate the future. Jungney said this last night: Continue reading Abbott heads for the past as Labor contemplates the future