The Direct Action deal - in detail

There are some important changes and improvements in the detail of the deal struck between the Government, PUP and Xenophon beyond what's been covered in the newspaper headlines.

The Australian Government will successfully pass the first phase of its Direct Action Plan after reaching a deal with the crossbench to support amendments to the Carbon Farming Initiative Amendment Bill.

The details of the amendments have been set out in a letter from Environment Minister Greg Hunt sent to Clive Palmer, obtained by RepuTex.

We analyse these details and the market implications below.

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