Treasurer pushes Senate to repeal mining tax

TREASURER Joe Hockey is pushing for the Senate to help repeal Labor's mining tax, after the latest figures showed the tax raised just $600,000 for the June quarter.

Mr Hockey released the aggregate figures on Wednesday, almost two weeks after the Senate rejected the government's bills to repeal the tax.

The government was hoping to repeal the tax, along with spending measures including the Schoolkids Bonus and income support bonus.

But the bills failed when the Palmer United Party refused to back the repeal if it meant the end of the bonuses and a low-income superannuation contribution.

With Labor and The Greens firm in opposing the repeal, Mr Hockey hopes to reopen talks with Senate crossbenchers, in a bid to fulfil the election promise, when sittings resume in late August.

The figures showed the June quarter revenue from the tax, which is based on profits, rather than income, raised less than 1% of the estimated $150 million forecast last year.

Topics:  alp greens joe hockey mining tax senate treasurer

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