Sept.8 - Australia's incoming conservative government promised to get down to business and build a better future for the country. Rough Cut (No Reporter Narration).
▲ Hide Transcript
▶ View Transcript
ROUGH CUT (NO REPORTER NARRATION). STORY: Australia's incoming conservative government promised to re-boot a stalled mining boom and revive an appetite for investment on Sunday (September 8) after leader Tony Abbott swept into office on a platform to scrap a mining tax and run a stable administration. Abbott's Liberal-National Party coalition ended six years of often turbulent Labor Party rule and three years of minority government, winning a majority of more than 30 seats in the 150-seat parliament at Saturday's (September 7) national elections. It was Labor's worst result since 1934. Abbott began his first day as prime minister elect with a dawn bike ride with friends around his home on Sydney's northern beaches. He invited journalists into his house for a cup of tea before meeting government and ministry officials. Abbott's wife returned from the shops with some groceries, just like a normal day. "I'll be working on building a better future for a great country, building a stronger Australia, a better Australian in the months and years ahead," Abbott told reporters. Abbott, who was backed by media owner Rupert Murdoch and his Australian newspapers, takes office as Australia's economy adjusts to the end of a mining investment boom, with slowing government revenues and rising unemployment.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code