ECONOMY

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Electricity

Electricity Companies Didn’t Pass On Full Benefit Of Carbon Tax Repeal To Aussie Consumers

Prime Minister Tony Abbott may have won votes when as Opposition leader he promised to repeal the carbon tax pushed by then PM Julia Gillard. While he succeeded in repealing the measure after the coalition got the majority in the September 2013 federal election, Aussie voters now appear to get the short end of his electoral promise.
Britain's Prime Minister David Cameron (L) And Finland's Prime Minister Alexander Stubb

Finnish PM Blames Apple For S&P Credit Rating Downgrade

Rating agency Standard & Poor's downgraded on Monday Finland's credit rating to AA+ from AAA over concerns that the pace of its economic growth is slower. The next day, Finnish Prime Minister Alexander Stubb blamed American tech giant Apple for the economic woes of the nation.

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