Peter Costello resigns as chairman of Nine Entertainment ‘effective immediately’

Former federal treasurer stands down days after he was accused of assaulting a News Corp journalist at Canberra airport

Peter Costello has resigned as chairman of Nine Entertainment “effective immediately” days after the former federal treasurer was accused of assaulting a News Corp journalist at Canberra airport.

Costello said in a statement on Sunday evening: “The board has been supportive through the events of the last month and last few days in particular. But going forward, I think they need a new chair to unite them around a fresh vision and someone with the energy to lead to that vision for the next decade.”

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‘You’ve just assaulted me’: Peter Costello accused of ‘violent behaviour’ by News Corp journalist

Video shows The Australian’s Liam Mendes fall to the ground during encounter with Nine Entertainment chairman at Canberra airport

Peter Costello, the former federal treasurer and current chairman of Nine Entertainment, has been accused of assaulting a journalist from The Australian newspaper as he refused to answer questions about the embattled media company.

But Costello has dismissed the allegations, saying “there was no assault” and that the journalist “fell over an advertising placard”.

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Sliding doors: cabinet papers reveal how close Coalition came to endorsing emissions trading in 2003

The Howard government drafted a statement declaring its support for an emissions trading scheme before abruptly changing course

The Howard government drafted a statement declaring its support for an emissions trading scheme 20 years ago, only for the idea to be scuttled by business lobbying, newly released documents show.

Cabinet papers from 2003, released by the National Archives on Monday, show the then Coalition government was in possession of clear advice from Treasury that a broad-based market mechanism would be the cheapest way to reduce emissions.

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Cabinet papers 1998-99: Coalition’s campaign to unleash the GST laid bare

Tax reform dominated debate, as ministers discussed East Timor and the 2000 Olympics – and resisted climate action

On 1 July Australia’s goods and services tax will have been in place for 20 years. It is uncontroversial in concept, with no major party advocating its abolition. Every so often there are calls for it to be increased from 10% or expanded – calls that are usually rebuffed.

But just how fraught the GST was to introduce is one of the key insights from the release of cabinet papers by the National Archives of Australia, covering the years 1998 and 1999. There were other concerns: East Timor’s independence, the 2000 Sydney Olympics, the failed republican referendum, and familiar resistance to doing anything but the minimum on climate change.

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