Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 13-Sep-16

The Australian Government has backed down on a key measure in its "omnibus bill" to secure the Opposition’s support for the majority of its cost-saving initiatives. The Government is believed to have agreed to abandon its proposal to cease compensating welfare recipients for the impact of the carbon tax. Some Family Tax Benefit payments are also expected to be reduced as part of the compromise deal. Meanwhile, Prime Minister Malcolm Turnbull has noted in Parliament that the unemployed rate has fallen from 6.3 per cent to 5.7 per cent in the 12 months since he ousted Tony Abbott.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF FINANCE, AUSTRALIA. DEPT OF THE TREASURY, LIBERAL PARTY OF AUSTRALIA, RESERVE BANK OF AUSTRALIA, BUSINESS COUNCIL OF AUSTRALIA, GROUP OF TWENTY (G-20)