News

FBT ON MOTOR VEHICLES

12th May 2011

The Federal Chamber of Automotive Industries (FCAI), the peak body representing the Australian automotive industry, accepts the Government’s move to introduce a flat rate for FBT on motor vehicles.   “The industry acknowledges that the existing approach, using a kilometre-based... More…

POTENTIAL IMPACT OF A CARBON PRICE ON THE AUSTRALIAN AUTOMOTIVE INDUSTRY

12th May 2011

The Multi-Party Climate Change Committee (MPCCC) established by the Federal Government has announced a proposed carbon price mechanism that could see a fixed carbon price introduced as early as 1 July 2012, with the price increasing annually at a pre-determined rate. The intention is that this... More…

NEW VEHICLE SALES SEASONALLY DOWN IN APRIL 2011

9th May 2011

The April holiday season of Easter and Anzac Day has contributed to a slowdown in new motor vehicle sales for the month. Official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI) today showed that 74,214 new vehicles were sold in April, down 8.8 percent compared with... More…