MELBOURNE — The Australian automobile industry is becoming increasingly concerned about the twin effects of the planned Goods and Service Tax (GST) and rising imports of used vehicles. If it can get the legislation through the Senate — where two independents control the balance of power — the government plans to introduce a 10% GST on July 1, 2000. At the same time, it will abolish the 22% wholesale tax now imposed on new vehicles resulting in an effective price drop of between 6% and ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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- andheavy-duty truck volumes
•Historical data and much more!
Current subscribers, please login or CLICK for support information.