New Australia Prime Minister Kevin Rudd.
A shocked Federal Chamber of Automotive Industries warns of the dire consequences for Australia’s auto industry after new Prime Minister Kevin Rudd abruptly ends the fringe-benefit tax concession on vehicles to help pay for his decision to abandon a carbon tax. Rudd says Australia will move to a market-based emissions trading-scheme on July 1, 2014 – a year earlier than planned – and the fixed-carbon price of A$25.40 ($23.42) a ton (0.9 t) won't apply. Analysts say ...
Premium Content (PAID Subscription Required)
"Oz Automotive Industry Blasts Federal Tax Revisions" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.