News

LUXURY CAR TAX LEGISLATION IS DEEPLY FLAWED

24th September 2008

The peak body representing the Australian car industry, the Federal Chamber of Automotive Industries (FCAI), says the legislation agreed to by the Senate, imposing an increase in the luxury car tax is deeply flawed. "This tax hike was always bad policy and the various conflicting amendments... More…

SENATORS URGED TO REJECT TAX HIKE - AGAIN

15th September 2008

The peak body representing the Australian car industry, the Federal Chamber of Automotive Industries (FCAI), has urged the Senate to again reject the proposed increase in the luxury car tax. "The proposed tax hike is bad policy and will cause significant harm to the Australian automotive... More…

Car industry welcomes vote against tax hike

4th September 2008

The peak body representing the Australian car industry, the Federal Chamber of Automotive Industries (FCAI), says the Senate’s decision not to allow the increase in the luxury car tax is an economically responsible move. “This was always bad policy and the Senate was right to reject... More…

Slowdown in New Vehicle Sales

3rd September 2008

Official VFACTS figures released today by the Federal Chamber of Automotive Industries (FCAI) show that 77,324 cars, trucks and buses were sold in August - down 10,882 vehicles (12.3%) compared to the same month last year. Year to date new vehicle sales are up 0.7 per cent on the same time last... More…

Tax Hike Hammers Car Market and Government Revenue

3rd September 2008

New figures show the proposed increase in the luxury car tax has had a devastating impact on new vehicle sales. The Federal Chamber of Automotive Industries (FCAI) is deeply concerned about the proposal to impose a tax hike on motorists at a time when there are clear signs of an economic... More…