The Australian government says its plan to scrap an unpopular carbon tax will cost A$3.8bn ($3.5bn; £2.3bn).
Prime Minister Kevin Rudd said the move - first signalled on Sunday - would be funded by alternative savings and would mean that families were better off.
It comes ahead of elections which must be called before the end of November.
See full Article: http://www.bbc.co.uk/news/business-23324127