Luxury car tax set to rise
11 May, 2008
137 Comments 
Vehicles that cost $57,000 or above (classified as luxury vehicles) are set to cost even more with the announcement of the new federal budget this Tuesday night.
Around 105,000 new ‘luxury’ vehicles are sold each year and buyers will now have to pay an additional 8 per cent tax - 33 per cent, up from 25 percent.
Although the government aims to target luxury imported vehicles, the tax rise will also affect locally produced cars such as the Ford Territory Ghia and majority of HSV and FPV models.
“It’s abundantly clear there are some people who are receiving government benefits who are on very, very high incomes, who don’t need them,” Treasurer Wayne Swan said.
Vehicles which cost $100,000 or more are currently taxed nearly $8000, under the new upmarket car tax, they will be taxed almost $10,500.
“It’s only fair that those at the top end pay a little more for their luxury vehicles and help us put an end to the high inflation and high interest rates of the Costello-Turnbull era.” Mr Swan said.
Do you think increasing luxury car tax is a suitable way to fight inflation?
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May 11th, 2008 at 12:18 pm
WELL YOU DID VOTE FOR THEM…………….and it annoys me as Iam in marketplace for a hot car.
And this idiot talks of high inflation and high interest rates under Costello-Howard. Never before has it got as volatile so quick since this goose and Mr Bollywood Rudd got in…………no recall and blaming here on previous government will stick. Unions, IR freedoms and pattern bargaining will force up inflation and interest rates and this wallies have there fingerprints all over the many rate rises and inflation problems that occured after Coalition lost last election. Deadset people are fools and have “NO” idea on Unions on how useless, terrible, can cause havoc with business’s willy nilly.
AUSTRALIA…………….you wanted this superstar Rudd and his papparatzi on what they are cooking; so taste there 2course rubbish!
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May 11th, 2008 at 12:27 pm
Maybe hold a 2020 Summit talkfest to explain to people how to control the effects of the economy to make it a smooth transition when world economy goes thru its cycle. And Russ will invite superstars, hollywood actors and all highfliers…..and miss the boat with core issues; just as he did when a cancer sufferer was at table with Rudd and Lachlan Murdoch and the stupid response this lady got. All the hoopla and silly 2020 Summit and what has happened…. like really what has happened. Paperwork and paperwork and paperwork and little or no impact! Like Rudd had right idea on acting for the people….. but I cannot help but think that this guy is a showpony and camera man star and little on substance as cant see him doing the fast hard yards up the middle like a rampaging prop in rugby league! Like really aside from pushing his ego (world tour, talkfest and handing out Aust Day awards……….AWOL). Its a classic “HUMPRHEY off comedy ‘YES MINISTER’” Big on work and words and little end result!
Gotta love the way people are being herded by the PR machine and little notice!
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May 11th, 2008 at 12:32 pm
It annoys me that tax has gone up on luxury cars and it really is bad for the car enthusiasts……….. and Iam talking all car lovers here!
If it aint beer and smokes…..its petroleum products that go up and up. We all know once it goes up; it stays up! Penalise the rich and asset test the people. Labor…. god love em; some things always remain same and they are true to themselves!
Like what the hell has happened to petrol and diesel. And LPG has gone up. On North Coast NSW it was 54c a litre, and it goes “straight” up to 70c and higher. Not one word is spoken of and there is no justification for how motorists cop it.
Its time to make a stand and call a spade a spade! We all should be disgusted!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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May 11th, 2008 at 12:41 pm
Another way to kill off all of us who want a car which is not your run of the mill Falcondore, my “luxury” car is only a luxury because it came with standard safety fittings aussie cars don’t come anywhere near having. I don’t have hot and cold running electric feet warmers or 25″ alloys or a body kit off the space shuttle. Oh but I do have a luxury metalic paint job because white is not my choice of colour.
There are plenty of cars just over the $57,000 price now just made another grand more expensive that middle income earners buy…plus rising fuel and interest rates…why pick on us?
I wounder if the tax will go to fund “luxury” motorways for Australia?
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May 11th, 2008 at 12:42 pm
These clowns (RUDD / Swan) would not have a clue what its like to do really go out and earn money and do a hard days work like a 15hr day of manual labor.
I think i need to point out to the fools buying a car that cost $57000 does not mean you are rich or a millionair, A decent nice car today is hard to find under $55000.
And we alredy pay these taxes when we buy a new car
GST Stamp duty Registration Fuel tax
i have just bought a new car worth about $57000, out of that $10000 was just tax.
i would not mind if we had good roads not pot hole, roads that dont force us into motorways, hospital which made you better not kill you.
all thoes people that voted for the rudd goverment and labour all over the counrty i hope this is wahat you wanted. Guess you people dont drive or have a home loan or ever go to hospitals.
think next time before you vote you fools…………..
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May 11th, 2008 at 12:47 pm
Extra funding recouped under increase in threshold will not be put into roads….wont be the Pacific Hwy as that is a goat track around Coffs Harbour!
Rudd……………….SHAME SHAME SHAME. But hey, loved when you had 2020 Summit and had tie off and arms folded and had junior kiddies doing gabfest. Like all good. But hey being ex footy player in Sydney……the backs wont make ground if forwards dont put fear of god into opposition and to be frank; your team is all “OUTSIDE BACKS”
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May 11th, 2008 at 12:47 pm
F*ck you, Wayne, and F*ck you, Rudd, you smug bastards.
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May 11th, 2008 at 12:53 pm
And whats happened to the 20-30million for Ford Focus funding promised under Coalition. Please everyone forget the word Ford there and focus (pardon pun) on $$$ and ensuring Aussies get another car built downunder! This is more so important as demise of 380.
Like really I dont care who the car maker is….its Aussie Jobs I look at!
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May 11th, 2008 at 12:56 pm
time for a rally i think
you got that right Prumm
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May 11th, 2008 at 12:57 pm
FOOTNOTE to Mr Swan…..so when LPG went up from 54c to like 75c how is this acceptable? I understand that coalition has promoted more LPG’s to be fitted; but still this massive rise is unBLOOD*accpetable!
RUDD AND SWAN ARE SINGING THIS DUMBARSE SONG….. “I still got the blues for you”
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May 11th, 2008 at 1:02 pm
inflation is not that massive that LPG on North Coast goes up around 30+% in one hit. When I speak to petrol station owners…..WELL THEY AGREE IS ABSURD AND BIG $ GOING IN GOVT COFFERS. THESE PEOPLE MANAGE TAXPAYERS DOLLARS AND F**K IT UP…………like education revolution and shortfall of that promise on everykid having a laptop or computer. PR BLAH BLAH BLAH
ALP = football team of outside backs to chicken to run hard forward as getting smashed!
But gotta hand it to Dud Rudd……he had sorta right idea. But lack the hard yards to run the ball up with vigour.
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May 11th, 2008 at 1:12 pm
And like Morris Iemma with unions concerning power sell off…… unions are in there thick and full on across board. That will be the demise and end of Iemma and we are seeing Federal Government do pattern bargaining and letting unions have say on wage rises, etc and as joined at hip, Dud Rudd will have to cave in and cycle starts as inflation goes up and then like night follows day so does interest rates.
Will be interesting budget? Dare say hoopla and promises will be flushed down toilet a wee tad (pardon pun)!
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May 11th, 2008 at 1:39 pm
The Labor govt does it again. The question remains - who the heck actually voted for these idiots? I still cannot understand why people fell for the blurb and spin of their election campaign. If our ‘leaders’ had even half a brain (debatable) they should be at the very least ditching the tax for both Holden and Ford, so as to boost our economy and make these vehicles more desirable. However, our new leftist government I swear has less than one brain between the lot of them…Prumm you represent the sentiments of thinking Aussies everywhere!
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May 11th, 2008 at 1:54 pm
This panders to the rich who can afford $300,000 plus cars by making sure fewer are sold by raising exclusivity.
Well, only $10,000 extra tax being paid on post tax dollars (ie $20,000 off your salary) is do-able, but when a car is a super-lux car then it could add another $100,000 to the price.
A cap/band approach would be better $5,000 for $50k -$99k, $10,000 for $100k - $150k and $$20,000 > $150k surely the Govt. doesn’t need $100,000 in tax on one car?
Otherwise - tax bicycles at $25k and all cars ate $150k so that the Gov’t gets lots of money and everyone walks. Oh I forgot we’d all be out of jobs!
It is another comply and be reasonable - there is no longer room in this country for people of enthusiasm and spark, unless they earn a $mil a year.
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May 11th, 2008 at 2:04 pm
Thanks very much Mr Swan and Mr Rudd,
Instead of going on the doll when I left school, I went out and got myself an apprenticeship, put up with rubbish money for the first 10 years of my working life so that the last 6 I can start making more money (and paying the tax accordingly), employing a couple of people myself and training some more school leaves. I’ve not asked for welfare once, and think I’ve put in my fair share. Paying 25% LCT for a car that I’ve worked f*&king hard for pi%ses me off enough already, but for a simple cash grab those idiots will raise it 33%.
Well, I think I’ll now close down my business, force my worker’s onto the doll and line up at Centre Link myself - The Labour party obviously want to look after me so I’ll let them!!!
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May 11th, 2008 at 2:08 pm
Dear all…..check out Blair and the pommy bulls”"T labour party!
Tax tax tax and every other loony leftie piece of cr&p in their sad minds. Yep it will be ugly but the media richkids will be happy with the spin of Dudd and dead duck Swann
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May 11th, 2008 at 2:10 pm
Labor = antibusiness. Congratulations to all who voted for them - they did it under Whitlam, Hawke and Keating and they are doing it again. They know no other way apart from taxes, because the majority of them have never worked in business - some probably don’t even know the definition of work.
It’s a damn pity Howard did not attend to a suitable succession plan earlier.
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May 11th, 2008 at 3:13 pm
I still laugh at the sheep who were led will nilly enmasse to vote for these weak outside backs who have no guts to put the hard yards in. When I played footy I used to run hard as and rev up the weak ones who were pedestrian and lame slow…….does not win the game at all! I see this same philosophy with dud Rudd and silly Swann already. Imagine what will happen when unions who funded at least 70% of there campaign (with record ex-union delegates in ministry and being the very core of the ALP membership) want to have reciprocation of favours back…..e.g: pattern bargaining, wage rises, etc.
Like I said…….99% sheep out there and 1% herders. And it wasnt so much Rudd was gods gift to voters; people are not keen on a Howard vote when he will hand over to the then Costello which would of meant why vote for coalition at all as nobody knows what Costello stands for!
I laughed my arse off when Rudd was at 2020 Summit; and his “WORLD TOUR” like he was the pope or an older Bon Jovi rock star was soooooooooooooooooooooo riotiously funny! In greater scheme of things…………..did World really care! No as influence and population here is lower from countries where he stuck his bib in!
After seeing a friend nearly disendorsed with not helping a candidate two federal elections ago as lazy and then seeing very lazy help within rank and file…I would cut all perks off after any member voted out. WHY….you get into parliament with passion with nothing; and so you should leave with nothing!
Except these imbeciles tax tax tax and lose control easy. And penalise car enthusiasts…………….DUD RUDD AND SWANN-SONG (last song playing fellas as dare say people will wake up next election)!
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May 11th, 2008 at 3:18 pm
I find it amusing how the dickheads who have posted above find it totally acceptable for Howard/costello to charge 25% LCT, and raise the tax take from 25% to 27% of GDP while in office, and create the need for at least 11 interest rises in their term of office. HOWARD LOVERS, your guy did not remove this tax, did he?????? No, he INCREASED ALL TAXES to 27% of GDP using his favourite tactic of pocketing bracket creep. And slapped GST on top of that.
But now the damage has been done to the economy, the encumbent government is blamed for it. Remember, it took Howard 11 years to drive it into the ground.
Having said that, I think the LCT should have been abolished, but that would only have allowed the car companies to keep their prices the same, and pocket what was a tax.
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May 11th, 2008 at 3:29 pm
Hey Swan your an Idiot!
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May 11th, 2008 at 3:33 pm
Good riddance howard: You are a typical Labor Supporter. You know nothing about the economy or how it works. You were sucked in by labor ads. It was not John Howard who made interest rates rise. It was the australian public. Interest rates were raised to slow down the expansion of the economy as the economy was expanding far too quickly. Spending was on the rise, and therefore, Interest Rates had to rise to slow down Australia\’s spending. That is the point of interest rates. to keep the economy in control. Maybe you should learn something about the economy and how an economy works before you comment on such issues.
I do not agree with this LCT increase. It is a pain as i am going to buy a calais v or similar this year, and i know the price is above the Threshold. Maybe the rates should be reduced on AUstralian cars, as this rise could harm the Car industry in Australia. Everyone will now go and buy cheap imports. Or maybe raise the LCT Threshold to at least $75000. Maybe politicians should have to actually pay for their statesmans/caprices, and fairlanes, and territory and every other government car. The cost of all these cars to buy is above the LCT Threshold.
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May 11th, 2008 at 3:41 pm
what absolute crap firstly we pay triple what americans payu for a car them are taxed rubbish taht is shit.it is not the luxxury car buyers expectaitons to so tehre part for tax why are we in this mess because the larbor working callls jerks get loans they cant pay and max out there creit cards yet us who pay our tax are treated like shit.I am so sick of this crap wehy shoudl people who earn more thatn 100000 pay more taxx per dollar these are the people that work hard at school g ot uni and work hard while the rednecks leave at year 10 get a trade and pay less tax per dollar to bad jerkrudd.ive laready applied for my american citizenship[my uncle lives in the us]and the day i turn 18 im out of this tax infested country.
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May 11th, 2008 at 3:42 pm
Australia is a country of 2 halves the eastern is slowing down because it hasn’t the huge wages and the interest rates are just about stopping the economy, western australia is not really feeling it because of the money flow from the mining industries and also the agreed increases in prices for product that China has agreed to I think 150% increaeses in some coal and gas prices so the tax from that is still coming in big time.
There is only 2 real ways to stop inflation is increase taxes or interest rates.
But because fuel barrel prices has gone up so much and fast delivery prices and then food as well follows on.
The inflation rate is being pushed up artificily and the reserve bank I think cannot do much more without stalling the eastern Australian economy.
Remember 1 interest rate rise takes 12 to 18 months to take effect in real terms in the economy.
At the moment itis still interest rates and financal desisions from the liberal side of the fence effecting the economy but itis the decision of the labour side at this budget that will start to effect it.
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May 11th, 2008 at 3:44 pm
“It’s only fair that those at the top end pay a little more for their luxury vehicles and help us put an end to the high inflation and high interest rates of the Costello-Turnbull era.” Mr Swan said.
i really need som1 to expalin tis just like krudds qoute on “i promise all high school students a laptop for 2009″
like hell and now you back out i work im 16 and no i dont care id f i go to jail coz im not paying tax for som other 17 year old on youth allownace its crap and im sick of it caradvice you should make a petiton
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May 11th, 2008 at 3:49 pm
THE TAX SHOULD EXCLUDE AUSSIE CARS
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May 11th, 2008 at 3:50 pm
I love the texting generation
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May 11th, 2008 at 3:52 pm
big jim
we signed a free trade agreement that stops that type of protection
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May 11th, 2008 at 4:03 pm
If you are going to spend 50k on a car thats not performance or off road or luxury, why the hell are you getting it. I agree with the comment that Australian cars, aka Falcon and Commodore, should be exempt from this tax. Performance cars should be exempt and off roaders like the defender, land cruiser, ect should also be excluded. It should be done purely on if it is sold as a luxury car.
Next of all, people voted for Rudd as they believe his government would be the best for Australia, not just on things they are interested in. Howard may not have done this tax rise, but may have put up GST a % or 2, which effects all Australians not just those who want expensive cars for the status value (BMW/Porsche/Merc 4×4’s).
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May 11th, 2008 at 4:06 pm
Things are worse off now then before last election. Obvious some sheep on here think Keating days when interest rates were at record highs (around 18%) was ok… reality is under Coalition it came down when Keating lost election and was kept under double digits for 11years and driven down and down (average guess around 7%). Yet 13years under ALP it went up to 18% (average guess around 14%). As soon as Dud Rudd struts in like a BOLLYWOOD star we see it rise; and rise again; and rise again and how quick this has happened since the Rudd with fag lips and fag mouth got in! Up “near” double digit quick as! So dont you dare have amnesia and forget simple “Good Riddance Howard”. One thing I know quite well is this subject and as Iam not a UNION voter I remember……whereas you dont as conveniently forget! FOOL!
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May 11th, 2008 at 4:12 pm
Work out where inflation comes from! Inflation and Rate Rises are joined at hip - just as UNIONS and ALP are same! UNIONS WILL BE BANGING AT DOOR FOR PAYBACK AS FAVOUR MUST BE RETURNED! THATS WHEN IT GETS “F…. UGLY” And why is it it rises quicker under ALP then other mob….I know and most dont! VOTE FOR ALP and you vote for crap and as a business owner it is apparent the stark differences!
AND THEN WE GET SLAPPED A LARGER TAX ON LUXURY CARS! WELL THATS IT FOR ME AS INSULTING AND EVERYONE WHO COMES ON HERE SHOULD BE UPSET AS! WE ALL LIKE CARS AND WE ALL HATE AN INCREASE PENALISING CAR BUYERS BY MORE TAX FORCED ONTO A PUBLIC! FOR ONE TO DEFEND THAT IS INSANE!
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May 11th, 2008 at 4:19 pm
GST can only be increased if all state agree to it, thus making sure that no federal government can be blamed for the increase and making sure that it will probably never go up, even if it is, for the good, of the whole country.
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May 11th, 2008 at 4:36 pm
Naughtyius Maximus:
Get a clue, your ignorance is appalling.
“Luxury cars” exceeding $57,123 account for only 1/10th of the cars sold in Australia each year.
The people who can afford these cars, can afford the 8% increase in tax (from 25% to 33%). There is no use taxing poorer people more who can’t afford it.
The people who spend so much and cause interest rate rises are the rich - NOT the poor. So what the hell is the use in taxing the poor?
And you are crying about the Australian car industry going broke after the rise. Rubbish from an uninformed fool - yet again.
Over 82% of Holden’s monthly car sales are to fleets (and consist almost entirely of Omegas). These cars are all worth well under $57,123. The only people who buy Statesman/Caprice are the wealthy who can afford them, so this won’t affect the Australian car industry in the slightest.
Seriously…the txting generation just has no idea about anything. You are all a bunch of useless sheep who don’t do anything thinking for yourselves.
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May 11th, 2008 at 4:55 pm
Stone the crows, calm down you lot. The last time I checked we were still living in a democracy. As a result the people have decided who is going to run Australia for the next three years. Get over it. At least give this lot a chance, if they turn out to be duds we will have the chance to toss them out at the next election. However that is unlikely to happen unless the Liberals can get their act together.
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May 11th, 2008 at 5:32 pm
I cant believe it, $57k buys you a reasonable (SAFE FOR YOUR FAMILY) car that millions in rest of the world dont get penalised for buying. Its our free market right to purchase quality cars made in places that can actually make them ie. Germany. Im sick of Aust protecting an inferior, dated car industry at the expense of the population. Check our road toll per capita vs. other markets like UK….it sucks, i suspect b/c we’re forced to drive Fords, Holdens and Toyotas. C’MON everyone deserves access to superior European engineering…
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May 11th, 2008 at 5:52 pm
Stuey:
Close the browser window before you make more of a fool of yourself.
You’re suggesting that our road toll is attributed to the local car industry? You’re joking right?
You do know that the BF Falcon equaled the BMW 5-series’ NCAP safety rating? Obviously not.
It takes an idiot to have a serious car accident, it has nothing to do with the car. There are certain cars which are unsafe - but the great majority (especially those made in Australia) are not unsafe.
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May 11th, 2008 at 5:56 pm
its a simple thing tax,
when the govenment needs more money,
we pay more tax.
money has to come from somewhere
and thats “us” people and thats life.
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May 11th, 2008 at 6:08 pm
stuey
“Made” in germany. Not many
Hey who thinks the treasurer ment $75000 not $57000
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May 11th, 2008 at 6:16 pm
Naughtyius Maximus, take a chill pill dude, haha!
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May 11th, 2008 at 6:23 pm
oh yes i do for sure xr-capri
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May 11th, 2008 at 7:14 pm
This is disgusting. Already we pay 10% GST, 15% import duty, 5% stamp duty, 25% luxury car tax, and the large fuel excise on the petrol we use. Now they want to increase taxes on cars some more? Idiots!
This won’t stop people from buying luxury cars anyway, so it will only add to inflation!! It is just a money grabbing exercise by the ALP to redistribute wealth to their dole bludging union member mates.
If the NSW ALP actually put down some public transport infrastructure in North Western Sydney, then there would be less need for people to buy cars in the first place. But no, they just totally ignore the fastest growing area in Sydney while at the same time give rebates to people in areas that mostly voted Labor to use the M4.
Bloody Communist pigs, I hope they get kicked out at the next election (both State NSW and Federal).
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May 11th, 2008 at 7:49 pm
CarAdvice did you delete my post?
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May 11th, 2008 at 7:51 pm
Benjie:
Dream on a Ford Falcon same as BMW 5 series….you’re obviously one of the not so bright boffens who kids themselves Aussie cars are up there with the best, probably b/c your forked out stupid money for rubbish…
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May 11th, 2008 at 7:51 pm
I’m more worried about the new tax on pre-mixed drinks! Holy shit!
How do you know you’ve made it in Australia? When you’re cruising down to the bottle-o in your Calais to pickup a case of bundy n’ cokes!
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May 11th, 2008 at 7:52 pm
First of all, thank you to all of those who are congratulating me for voting in this government. I earn more than most of you and don’t have this problem of downward envy that a lot of you seem to have? You must have money, but obviously it doesn’t make you happy? The only people that are truly rich are those who have money, a heart and are happy to help build an egalitarian society. You complaining lot are the same selfish greedy pigs that voted for Howard so he could give you middle class welfare THAT YOU DON’T NEED.
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May 11th, 2008 at 7:55 pm
Benjie says - May 11th, 2008 at 4:36 pm
“And you are crying about the Australian car industry going broke after the rise. Rubbish from an uninformed fool - yet again”
NM response……..Fact 1; nobody says the industry will go broke; but it will impact it. Fact 2; the gap between this price bracket (i.e. where the nex tax rise will occur) and the price bracket below will have a snowball effect as will drag prices up somewhat below this luxury tax threshold. Gee deadset your an idiot and its easy to see why Labor got in; get real and get comments into context if your mature enough.
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May 11th, 2008 at 7:58 pm
Chucky Says: May 11th, 2008 at 7:14 pm
“…..This won’t stop people from buying luxury cars anyway, so it will only add to inflation!!”
NM response……yes I agree and thats why got my heckles up as long term is “IRRESPONSIBLE”
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May 11th, 2008 at 8:12 pm
Stuey:
You are a genuine mental lightweight.
Here are the results - now seriously, close the browser window before you make yourself look more stupid.
BA Falcon- 27.27/37
http://www.ancap.com.au/results/94/
BMW 5-series- 28.88/37
http://www.ancap.com.au/results/47/
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May 11th, 2008 at 8:16 pm
Naughtyius Maximus:
Well done, spoken like a true, clueless bogan.
How about you state some facts instead of stamping your feet on the ground like an uninformed gimp?
Can you also learn how to spell please? It makes your argument look somewhat less pointless.
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May 11th, 2008 at 8:23 pm
Self employed dudes chill!
Just claim it against taxable income. Whats the prob?
I suppose the Govt can’t really screw the poor bastards on 40-50k a year more than Howard already did in his term. Lets be honest.
The affluent have had a golden age over the last 12 years receiving govt benefits and paying MUCH less tax than the dolts on PAYE.
Just be greatful u had such a good run for the past decade as Howard’s attack on the PAYE worker was never going to be sustainable over the long term.
And I voted Howard last time for the first time!
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May 11th, 2008 at 8:42 pm
idiots. just give incentives on australian cars nd they can save the $5 billion industry we know 2day as australian made cars.
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May 11th, 2008 at 8:58 pm
This country is so OVER-TAXED it’s not funny.
BMW M3 in USA,EU = 90K, in Oz = 160K.
GT-R in USA, Cananda and Japan = 75K, in Oz = 150K
350Z in USA, Canada, Japan =40K, in Oz = 75K
Porsche Cayman S in EU, Japan, USA = 80K, in Oz = 160K
You call this country lucky. This is a joke. We are all being taken to the cleaners.
Phuck this country. We are all forced to buy a goddamned Kia’s. I’m not buying GMH or Ford so their taxes are doing nothing for the local industry, and I’m not going to fill government coffers any more. Stuff you Oz tax system.
No wonder everyone in Oz is driving an old P.O.S. cars, fuel guzzlers and shyte local products. Real good for safety and the environment.
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May 11th, 2008 at 9:03 pm
Australian National Performance Indicators….
interesting reading. Comparing ALP 13yrs Hawke & Keating V’s Howard 11yrs
*Interest Rates…..12.75% V’s 7.2%
*Unemployment Rate…..8.2% (Mar 96) V’s 4.2% (May 07)
*Inflation…..5.2% V’s 2.5%
*Tax Burden…..22.3% of GDP (95/96) V’s 20.7% of GDP (07/08)
*RealWages Growth…..-1.8% (Mar 83 - Mar 96) V’s 19.8% (Mar 96 - Dec 06)
*New Private Business Investment…..$63.7billion (95/96) V’s $147.0billion (05/06)
*Industrial Disputes……(days lost per 1,000 employees, per year) 193 (Avg 83 - 95) V’s 59 (Avg 96 - 06)
*Average Small Business Lending Rates…..14.25% V’s 8.90%
*Unemployment Rate…..8.2% (Mar 96) V’s 4.2% (May 07)
*Total Exports $99 billion (95/96) V’s $196 billion (05/06)*Middle Tax Bracket…..34% - up to $38,000 V’s 30% - up to $80,000 from 1 July 2008
*Top Tax Bracket…..47% - $50,001 V’s + 45% - $180,001 +
from 1 July 2008
*Australians in Work…..8.3 million (Mar 96) V’s 10.4 million (Apr 07)
*Real Net Household Wealth…..$2,123 billion (Mar 96) V’s
$5,356 billion (Dec 06)
*THE LITMUS TEST FOR PERFORMANCE and “NOT” my opinion is the all important one……Credit Rating…..Downgraded twice: AA (insulting heaps) V’s Upgraded twice: AAA
Why do you think we were downgraded by the rest of the world for performance indicators….”This is the recession we had to have” and “banana republic”….quote Keating.
NOTE….between Mar 96 and May 07, population overall increased 14% and CPI 30.9%
AND YES I LISTEN AND SEE ALP COMMENTS AND LAUGH OUT LOUD AT THE FOOLS!
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May 11th, 2008 at 9:10 pm
I go with the ones who do the hard yards for business and remove emotion and deal with facts. NOT SHEEPISH SELF CENTRED DUMMIES! Like I said……figures quoted are reality and one “CANT” fumble around making excuses.
When one is joined at hip with Unions, they take on powers for Industrial Relations, Wage adjustments, pattern bargaining and other pivotal items that impact inflation and subsequently interest rates. Dud Rudd will follow past predecessors and go into bed with Unions as they fund ALP heavily!
Anyhow…..he was voted in and lets see where it goes economy wise as signs are making me shake my head when Rudd appeared good at start and listened to people at there level!
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May 11th, 2008 at 9:12 pm
Kevin “Peter Pan” Rudd and his side kicks, Julia and Wayne, set out to save the world.
The idiots that voted him in, I pitty you. This is the start of what was obviously going to happen!! Be prepared for a few very bumpy years.
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May 11th, 2008 at 9:14 pm
Naughtyius Maximus seems like you were waiting for this government to do something so you could jump on it and let of all your right wing steam.
Cars are the second largest purchase most people do after a house. Not many people buy cars every year, or two infact. Guess what? those that do, have a large discretionary income…so guess what, you will pay more tax not because you are rich, or wealthy, or well of, but because you are a sector of society that makes multiple purchases over a short period of time for a large investment/purchase.
So the idea is, you tax those, not as a “penalty” but simply as a simple way of making more money for the country through tax.
We get taxed on other things, tax is a fact of life/society. Sure you might “loose” out on car taxes, but you might gain on say, increased Medicare coverage as a small example (through the increase int he coverage rate announced in this budget).
The reality is most Aussies do not spend $57,000 on a car, this is why medium sized cars and large cars that cost $45,000 or less are probably the most popular.
Get over yourselves, and stop pushing your misinformed twisted agendas. It’s pretty tiring, especially when the Labor govt is doing a good transition from 11 years of extreme conservatism to a more Humanistic capitalist economic system (if that is at all possible! lol)
The world is filled with inadequacies, injustices and unbelievably twisted politics, save your anger and energies for these topics, not for your selfish individualistic consumerist needs.
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May 11th, 2008 at 9:14 pm
Its funny to see the people who voted in him now hate him, yet they abused me before the elction, saying I was wrong and he would be the better option……alot still to come !!
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May 11th, 2008 at 9:20 pm
Naughtyius Maximus Quote;
I go with the ones who do the hard yards for business and remove emotion and deal with facts. NOT SHEEPISH SELF CENTRED DUMMIES! Like I said……figures quoted are reality and one “CANT” fumble around making excuses.
maybe you should take a leaf from your own book of “beliefs” and infact
-REMOVE emotion from your posts
-DEAL with the facts, ie look at how a tax system works instead of taking this onetax change and assume it as an across the board tax ideology
-STOP BEING SHEEPISH by following only your personal ideologies and take a more balanced view (it’s obvious from your posts you are against the current government)
hypocracy looks foolish, especially when you attempt to aspouse superiority above others, (your last post does this quite well)
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May 11th, 2008 at 9:22 pm
Benjie:
You’re a complete genius, go on believing crash tests on the only measure of safety. How about the technology that goes into avoiding impact in the first place? Is it a coincidence that countries like Sweden have one lowest road tolls and drive Volvo’s?? I know its hard for the mentally challenged like yourself to make that giant leap !!!
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May 11th, 2008 at 9:25 pm
…also if you want to discuss poitics here’s some more info;
internal research from the Greens has shown some signs that possibly, in the next 10 years the Liberals will essentially disapear. This is due to many reasons, world shifts in current political ideologies, the effect of the environment on world economies, realisation that current environment conditions were caused by accelerated and concentrated industrial methods that destroyed the environment etc etc etc (basically many reasons, too many to list here).
anyway, internal research shows that with the minimisation of the Liberals popularity, Labor will take the place of the right for many voters and the greens will replace labor as voter’s “left” ideology choice.
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May 11th, 2008 at 9:35 pm
NM
Good points you made and you are intence with your opinion but how can you blame labour or liberal for this mess we are in now, blame the stupid US bankers for wanting their cake and eating it to (sub prime loans some f’witt tried to get more profit very quickly), they the banks are still making profits even though everyone else is suffering.
Also the price / barrel isnt helping inflation
Can I ask a question as well, why do we have to spell correctly anyway are we marked on spelling and we get a prize or what, or is that the level of some people arguements “spelling”.
eg “yes that is a good point but you spelt antidisestablishmentarianism wrong”
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May 11th, 2008 at 9:36 pm
i feel it is probably fair that the rich should cop it.
im not saying they should get slammed robin hood style, put rather putting it into perspective that we are only talking 2K in about 60K.
its not really that much.
but in saying that, i feel there are plenty of other ways they could have recouped the money they needed to top up the budget, rather then slapping it on to high end vehicles.
can anyone tell me if the 57K rule applies to the list price or the sale price?
i mean say you get a vehicle that has a list price of 60K, but you buy it on a run out financial deal (or what ever) and only pay 55K do you still have to pay the extra tax?
just curious…..
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May 11th, 2008 at 9:39 pm
stuey,
the safety equipment levels that our aussie grown cars come with is impressive for the price whether you like it or not.
please list the features that are missing from our aussie breeds that are vitally important…….
ESP/DSC/ABS/EBD/TCS and others that i havent listed come standard on our aussie vehicles as well as 6 baloons in case things do go wrong
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May 11th, 2008 at 9:40 pm
I love google spell check
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May 11th, 2008 at 9:42 pm
$56999 drive away “cool”
$56999 plus on road costs “uncool”
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May 11th, 2008 at 9:51 pm
1/TFB….says Greenie comment!
NM response, and in case you want to applaud roads and black spots little entree you can dine out on heaps;
*Direct Funding for the Environment…..$379 million (95/96) V’s $1,699 million (07/08)
*Funding for climate change…..$15.9 million (96/97) V’s
$499.4 million (07/08)
*Black Spot Road Safety Programme…SCRAPPED V’s SAVING LIVES
*Funding for Roads…..$1.6 billion (95/96) V’s $3.4 billion (07/08)
2/Capri_xr2 Says: May 11th, 2008 at 9:35 pm
“How can you blame labour or liberal for this mess we are in now, blame the stupid US bankers for wanting their cake and eating it to (sub prime loans some f’witt tried to get more profit very quickly), they the banks are still making profits even though everyone else is suffering. Also the price / barrel isnt helping inflation”
My figures are based on 24years of time comparing 13yrs of ALP and 11yrs of Coalition……….if you want to make excuses for daily spasmodic occurences as they would apply always in this 24yr timespan; then good luck with it but from this side…well….IAM LAUGHING AT YOU!
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May 11th, 2008 at 9:53 pm
Trouble is “most” are sheep and believe electronic media! I love to compare “exact” outcome of 13yrs VERSUS 11yrs and not BS and claptrap you might espouse on your soapbox…albeit very meekly!
GO NIBBLE THE GRASS AS LOTS THERE DOING IT!
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May 11th, 2008 at 9:56 pm
Anyhow it wont change and is cyclic….ALP will get booted out just as Toyota will not stay number 1 always. Thats not a case of if; but when!
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May 11th, 2008 at 10:08 pm
daily spasmodic occurences? The sub prime morgages has has been coming for 3 to 5 years the cycle of locked in interest rates
Black Monday October 19, 1987, the day the Dow Jones Industrial Average suddenly collapsed by 22%
21 years ago?
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May 11th, 2008 at 10:18 pm
Only 10% of new car sales are in this category, so the majority of people could not care less. As for the 10% who buy such cars, most of them are rich, so what does it matter? Only the minority who stretch their budget to buy such cars might care. Simple solution - buy a cheaper car and stop pretending about being rich.
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May 11th, 2008 at 10:34 pm
Luxury Car Tax was introduced in July 2000. It was set at 57K. What could you buy then as compared to what you can buy now for the price? Apart from this been a money grabbing and populist exercise and nothing else, the LCT threshold is too low. It is hardly a luxury car you are getting for 57K nowadays.
Re the Liberal voting wankers screaming blue murder to the Labor dolts who voted in this govt, it must remembered that it was Howard and co who introduced LCT in the first place so get a grip.
Re the Labor dolts saying it is justified, because the rich should pay even more tax, try working a little harder and earning a little more and pay more tax if you feel so strongly about it.
About time both sides got together and told their local pollies enough of this money grabbing bulls*it rather than bash each other over whose fault it is
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May 11th, 2008 at 10:42 pm
maximus, heard of the simple statistical phrase “correlation does not mean causation”?
your stats don’t take into account external economic forces, the effects of NECCESSARY social reforms to the economy, foreign debt, or all the other issues i can’t think of now.
lol, no i’m not a “greeny” i don’t think i’d classify myself as a political group when it comes to my ideologies.
i find it really funny when your average jo blow defends political parties that quite frankly, espouse and install social reforms/political reforms that in the long term, would lead to a massive social gap between have and have nots. Do you honestly think that an egalitarian society can continue exist with the darwinian mentality the howard government had? no it wouldn’t.
successful societies are built around an ideology that balances economic needs with social neccesities. wake up.
on a final note, you spout the stats (which you got from a website, pre digested for you no doubt, i doubt you’d search and condense all those stats just for a stupid car site debate) anyway, do you actually know, or even understand how those statistical results are created? do you know the “situational precursors” required for them?
and no, let me save you the energy, a possible answer is not “lefties” “greenies” or any other emotive term that says nothing constructive.
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May 11th, 2008 at 10:45 pm
I love the fact that since we have a different opinion to the right wingers that we are sheep. If you can afford a luxury car, chances are you can afford the extra money. it doesnt effect 90% of the population. If it worries you that much buy a cheaper car. I voted labor last time and the memory of seeing Howard conceed defeat at the last election was a great one indeed.
Still if you have a problem with the way Australia is ( and it sems some of you do) feel free to jump on a plane and leave ( its a free country after all)
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May 11th, 2008 at 10:46 pm
flying high, if you can buy a $57 K car, cash, then yes, you are rich for most peoples standards.
most people who buy a car over a 5 year repayment plan wil not spend $57k, more like $40K or maybe $50K max. Most families would not be able to afford the repayments on a $57K car anyway at 5 years ($950 approx per month) if they had a mortgage ($1000 aprox per month?) on top of current bills.
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May 11th, 2008 at 10:59 pm
TFB - how does that justify increasing tax?
You cannot argue the fact that having the threshold set to the same price as it was 8 years ago cannot be justified by any stretch of the imagination.
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May 11th, 2008 at 11:16 pm
TFB….whats thats stand for as reading your latte answer well ummmm TOTAL F***IN BULLSHYTE. Love your stock non-solid answer. I suggest fool, if you dont research what I have; dont comment as your claim is utter stupid!
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May 11th, 2008 at 11:20 pm
ALP = UNIONS. ANSWER IS INLFLATION AND INTEREST RATES GO UP. UNIONS FUND MASSIVE $ TO ALP AND RETURN SERVE IS MINISTERS AND BACKBENCHERS EVERYWHERE THERE….AND NOW REQUESTS AND CHANGES WILL COME THICK AND HARD! AND YOU DIMWITS RECKON THATS REAL GOOD.
TALK ABOUT A LAUGH! AND TALK ABOUT ROCK SOLID DENIAL OF EVENTUAL OUTCOME AND IGNORE REALITY!
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May 11th, 2008 at 11:27 pm
lol i forgot speaking in CAPITALS means you are correct. lol dude, what percentage of the car buying community is affected by this tax (minusing from the purchase population business fleet purchases)
it’s not a big fricken deal, it’s a tax that would affect most people, maybe every 3 years max.
maximus my answers to your rants are not stock non soild, they infact say more than your copy and paste statistic posts do. You asume by spouting figures you show proof, but i doubt you even know what the figures mean lol
like i said before, and like others have said before me, inflation goes up for heaps of reasons not just because a political party is called “labor”
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May 11th, 2008 at 11:42 pm
Stuey:
Thank you, you have proven my point, you have no idea about anything.
Naughtyius Maximus:
Give up while you’re behind mate. You’re not making any sense and you’re carrying on like a child who has just had his toy taken away from him.
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May 11th, 2008 at 11:42 pm
Tony Says:
May 11th, 2008 at 10:18 pm
Only 10% of new car sales are in this category, so the majority of people could not care less.
——————————————————————————————–
Thats 10% of new car sales, not 10% of buyers!! A lot of people who buy $57,000+ cars buy a cheaper car for their wives or kids. Or maybe they might get a cheaper company car, but decide to spend $57,000+ on a car for their own personal use. So in fact its not hard to imagine that the LCT would affect say 20% of new car buyers. You don’t have to be rich to be able to afford a $57,000 car…..thats just one tenth of the average house price in Sydney.
And by the way, yes Howard did introduce the LCT in the first place, but it replaced the old wholesale tax which was something like 45%.
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May 11th, 2008 at 11:54 pm
I agree if u can buy a Car for more than 57k u are well off cash or payment plan. Or salary sacrifice for that matter.
Howard and Costello done a champion job of holding in check pay rises for the great unwashed majority of average joes in their time in office and these are the people that are struggling the most now!
CEO and their ELK as well as business people at the other end of the spectrum never had it so good and in some cases to excess due to the Liberals policies.
Hey, I am looking at retirement in 10 or so years and the changes Howard made to Super and tax free pensions etc are great for me but will invariably place a much higher share of the tax burden on following generations as I wine and dine on 70k a year tax free! Hey, I can even work after 55yrs and pay no tax at all. Is that fair?
Tax has to come from somewhere and the present Government could not realistically continue to screw the great unwashed majority as Messrs Howard and Costello had.
and as for the comparative figures for Government terms well it’s apples and oranges as u will find that what was happening in this country in economic terms was mirrored by the rest of the Industrialised world at the time.
Interest rates and inflation direct result of greedy banks in the states lending to people on low start loans that never had a hope of meeting full repayment terms further down the track.
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May 11th, 2008 at 11:55 pm
LOL you kids are funny. Obviously you have memory like swiss cheese!
LOL Iam behind, if you two are as good as answers get….well. Between the pair of you; if your brain was collectively a rubberband; you wouldnt have enough to fit around a canaries leg.
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May 12th, 2008 at 12:15 am
And you lose at least half that when you sell it to upgrade,lol let alone the value as soon as ya drive off the show room floor.Ba xr8 in 04 was 52k plus options 56k now a xr8 sells new for 46k and options should put it up to at least 50k+.
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May 12th, 2008 at 12:19 am
NM I can see good and bad on both sides of politics.
I wouldn’t cry to hard for the person that can afford a new 7 series or Lexus as I doubt an extra 2 or 3k is going to put them off a purchase. Majority of these buyers don’t use their own money to buy these anyway.
Would u prefer the Govt slug the average earner paying off a mortgage and raising a brood?
Might see more mortgage foreclosures here then and the economy and building industry will be in the shitter.
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May 12th, 2008 at 12:24 am
I can’t believe my eyes. The Economy was in free-fall before Rudd came in, only now with the budget can he directly impact on it in such a way. Something had to give- the difference is negligible on most cars, luxury car buyers can easily take the hit I’m sure. It’s hardly crippling.
Labor does not pander to unions- hence the conflict between the two= and this method is better than Howard castrating them under IR laws. Imagine what Howard would have done for the budget - continue to blame state government? nothing at all? ( His last term was completely empty except for ill fated IR laws), or maybe privatise another important company for short term gain that will hurt in the long run. But who cares. All you lib-tragics are typical of the ilk - you thought Labor’s rise to power again was just a bandwagon sheep jumped on, but it was bought about by the abysmal effort on Howard and Costelloe’s part. Corrupt, anti- progressive ar*e holes. You can’t argue ‘well they helped the budget’ because it shit itself in the end didn’t it.
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May 12th, 2008 at 12:27 am
Dont get me started on building sites and unions. Especially shitter effects on economy.
Trouble is with most people…………eaten bread is soon forgotten. That is how quick you forget and try to justify Dud is great as.
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May 12th, 2008 at 12:33 am
LOL…………………you really are obtuse if you believe that. What the hell do you think is on frontbench and backbench of ALP - ex union delegates and your really have no idea on unions. Its simple people like you with a sieve between your ears. As for your BS claim of budget left over bad…..it was not as markets where not reflecting rise after rise after interest rate rise. Mate you should do yoga for beginners as your head is stuck up your rectum!
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May 12th, 2008 at 12:43 am
Never taken to Rudd actually thought Crean would have been a
good Prime Minister. Yeah I get your point about some Unions and have been payed up member most of my life.
Also thought 20/20 would be a wank …and it was!
Howard and Costello really cut the standard of living for the average earner in their term and this I believe is what turned the Howard battlers at the last election.
Governments are often a product of their times. Keating govt had a recession with a hard landing with overheated economy which occurred to varying degrees in the rest of the world at the time.
Howard Govt had some luck with natural resources demand from China and introduction of GST which had the affect of a substantial wage reduction for average earners and huge govt surplus.
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May 12th, 2008 at 8:26 am
Well Naughtius. It makes me laugh to see you so angry. Console yourself in the knowledge that the libs are so incompetent at the moment that they are likely to be in opposition for at least 2 terms. Thankfully the reckless, vote buying , spending of the previous govt is over, and we can make real plans for the hard times that are likely to be coming. Luxury tax is a small price to pay.
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May 12th, 2008 at 8:36 am
Benjie Says: May 11th, 2008 at 8:16 pm
“…Can you also learn how to spell please? It makes your argument look somewhat less pointless”
NM response….LOL its only the depth that varies.
How about you state some facts instead of stomping your feet on the ground like an illinformed git and when push comes to shove “OUTSIDE BACK” your commenting personally as throwing focus away from issues. So you throw first “personal barb”…nice! If your going to do well; run the ball up hard as flay strap as a heap wussy! Same goes for few other wallies….TFB and Poisoned Eagle as your raising personal comments in weak attempt to move argument off the one playing field due to your deluded and twisted beliefs and bizzaro recall!
Both sides tarred with poor brush and its cyclic.
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May 12th, 2008 at 9:08 am
NM says “So you throw first “personal barb”…nice! If your going to do well; run the ball up hard as flay strap as a heap wussy! ”
Dude , what the hell does this mean??? Are you so angry now that you are just typing random words? Settle down a bit. If you get too angry the commie unions will attack you with a chardonnay flavoured latte.
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May 12th, 2008 at 9:37 am
Mate your random….go thank fag lips Rudd for his amazing work and sit back and watch it unfold. And its silly people like yourself who say……this was coming as how Howard left it! So then I draw you to facts on 13yrs ALP versus 11yrs Coalition and just look at it as stark contrasts! Trouble is your too self centred and obtuse to fathom it as ALP in ya blood. What Rudd is doing is just like previous ALP Governments.
Typo on one word…….flat instead of flay. Iam not angry at all; just stunned at your mindset (more importantly, lack of it). If you complain of this minor one word……………………well you have proven yourself to be irrelevant and stupid. GET REAL DUDE!
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May 12th, 2008 at 9:40 am
Three blind mice……TFB, Steve C and Poisoned Eagle. You will go blind dudes as not much upstairs on this subject!
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May 12th, 2008 at 9:45 am
This is rediculous, I do agree that maybe the luxury car tax should be increased, but I also believe that the start point needs to be increased to about $70k. As there is a lot of none luxury but practical family cars over the $57k mark. Where as someone that can afford over $70k on a new car can definately afford to pay the extra tax..
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May 12th, 2008 at 10:26 am
What can you expect from an aging, leftist hippy who drives a tax-payer funded Prius?
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May 12th, 2008 at 10:52 am
I really don’t understand how people claim that…
‘You can’t find a decent vehicle for under $57,000′!?
You can find plenty!
NEW cars are a waste of money anyhow…
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May 12th, 2008 at 12:15 pm
Naughtyius Maximus:
Just open the closet door mate. It’s obvious you’re itching to tell the world. You keep going on about Rudd’s sexuality. He’s married mate.
Let’s just sit back and watch Rudd fix up the sorry state the country is in at the moment. Howard has left it in an utter mess. No wonder the liberal party is falling to bits.
I heart Unions.
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May 12th, 2008 at 12:19 pm
Who introduced this tax?
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May 12th, 2008 at 2:11 pm
Get real you guys. If you can afford $60,000+ for a new car you afford another couple of grand! As for standard Aussie cars ‘not having all the safety gear’, well buy a Euro car that has, many for under $57,000!!
If you want mega luxury or mega performance, your just going to have to pay a little bit more. Harden the f**k up!
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May 12th, 2008 at 3:40 pm
You have to remember that these taxes; pay for our health system (only a 5 year wait now to get into surgery!), better roads(ha!) and keeping those people that just dont want to work or are too lazy too (god bless them…) fed and sheltered. We should be rejoicing the benefits that we will obviously see trickle through to the people that are paying for them anytime soon…oh yeah thats right, we were also told after world war 2 that income tax was only temporary and would be abolished when the economy recovered. I would think that a $17 billion surplus should be enough to remove every tax and levy in this car barring GST…A coup is in order
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May 12th, 2008 at 3:41 pm
strike that…every tax and levy in this country bar GST should cover the lot.
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May 12th, 2008 at 3:48 pm
okay, in Au, we pay shit loads of money for cars compared with US and EU, this is just one example that Australia is not really a developed country coz most people live in a sub-standard condition considering how hard we work! We have an developed goverment, not a developed middle-class!
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May 12th, 2008 at 3:56 pm
compared with US or UK, we in Australia except for mining industry are under paid although we have matching productivity and similar daily working hours. However, the retail prices of cars, IT hardwares, electronics, foods and everything else are very much higher than other countries. We used to enjoy relatively low house price which to some degree bring it a bit fairer but now, it makes it worse. Watch out, OZ, if anyone says we middle class have enjoyed the economic boom, I say, please, I am far from happy.
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May 12th, 2008 at 4:45 pm
Goverments dont serve the people anymore,they now serve multi nationl corparations and the international banks.It dont matter who you vote for thay all get told what to do, believe it.Our pay packs are the crops and thay are the farmers,and the system is the harvesting machine
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May 12th, 2008 at 4:55 pm
It doesn’t seem the way to fight inflation if it IS inflation. One motor trade rep said that it creates price creep that will encourage higher prices on the lower end vehicles in a manufacturer’s range.
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May 12th, 2008 at 6:02 pm
Hit a nerve eh Naughty? I’ll stop the ‘personal’ comments when you leave your black rubber gimp suit lying stained in your Liberal closet. The majority concur with me and disagree with you. You are painted into a fecal corner with your hollow rhetoric…but let’s not get personal now.
Rudd had to match Howard bribe for bribe just so he could convince neo-con ar*ewipes like you that he had a better plan. Truth of the matter is Howard had NO PLAN so bought out the tide Union bashing BS. Your just the gimp Australia had to have. But lets not get personal.
I’m sure prestige consumers can weather this.
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May 12th, 2008 at 6:10 pm
price creep sounds feasible.
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May 12th, 2008 at 6:58 pm
Shadow minister and former NSW State Liberal leader Peter Denman resigned today unable to reconcile his opposition to the NSW power sell off with the pro sell off stance of the rest of the party.
Peter Denman is obviously a man of principle and u have got to respect that!
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May 12th, 2008 at 7:08 pm
yes agree Alec and they play one country off against the other.
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May 12th, 2008 at 7:43 pm
Am I bothered? Check,face,car,wallet…..AM I BOTHERED!
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May 12th, 2008 at 8:04 pm
The Luxury Car Tax should be abolished or at the very least, it’s threshold raised to something like $90,000.
I hope that the Senate actually does it’s job for a change and blocks this increase. But I guess it’s full of ‘yes men’ who will just rubber stamp it?
I’m sure many people are sorry by now that they elected this bunch of imbeciles.
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May 12th, 2008 at 8:21 pm
marvak,
i think raising the threshold would be a good idea especially with the over 57k category increasing.
but the thing is i guess they would raise it by like 20% if it were a 90K threshold to make of for the fewer quantity sold in that bracket.
they have to get their dollars some where, and if they cant find it here, then they will tax us harder on something else, and then we will whinge about that
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May 12th, 2008 at 8:45 pm
“It’s abundantly clear there are some people who are receiving government benefits who are on very, very high incomes, who don’t need them,” Treasurer Wayne Swan said.
What does that mean??? Why not reduce/remove their Government benefits or tax them at source instead of screwing the honest hard working middleclass tax payer who props up the lazy Bogans that cannot be bothered to get off their arses iand work.
Like the UK your Government taxes ALL the things that make you happy. So therefore don’t enjoy life, be bloody miserable and don’t pay tax. Oh doesn’t life suck.
Most politician either side don’t really give a toot about you lot, just their own big ego’s.
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May 12th, 2008 at 9:07 pm
1/Benjie Says: May 12th, 2008 at 12:15 pm “I heart Unions”
2/PoisonEvil Says: May 12th, 2008 at 6:02 pm “You are painted into a fecal corner”
NM response……….birds of a feather flock together as you two share a braincell. You better calm down and get an un-grip as you holding too hard into the closet. I suggest you share it. And you simpleton BENJI…..nobody said he is unmarried; do you support someone having a mouth like that as very funny and maybe you feed it! WOW, the closet is full and all similar mindset. Your diatribe warblings on what you perceive happened before Rudd got in is too funny to respond to.
I will leave it to you simple braincell sharers to make a fool of yourself as SFA respond in your light closet dwellers! HA HA HA HA
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May 12th, 2008 at 9:09 pm
If you wanna get the words it in 3 seconds and takes 5minutes to type it - put brain in gear before you move as very funny you simpletons!
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May 12th, 2008 at 9:14 pm
Last post accidentally put up before checked……Put brain in gear before you move (oops…TYPE) as very convulted and weird as!
Benji; Iam glad you heart unions hey. And Evil; that fecal corner is a humdinger. Whatever the F*** you mean? Fools and there hands on it!
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May 12th, 2008 at 9:14 pm
How can you say a luxury vehicle is 57K. For 57K you can’t even buy a decent Audi, or a Calais or any HSV. Are they suppose to be luxury vehicles. If you answered yes than you are lost.
I would say that 110K+ is a luxury vehicle, but you say that 57K vehicle with more airbags, better handling and better chance of surviving an accident makes it a luxury vehicle than I say BS.
If everyone of these hard working family people are happy to drive a Kia Cerato, or a Hyundai or a bloody basic Holden or Ford than I say good on them, but you should not be jealous if people that are educated, work hard and bust their balls working hard drive nicer cars.
That also does not make me a cash cow either so LCT is nothing else but an envy tax like some in the media already called it.
LCT - tax to take money of people that worked hard their entire life, tax to rip-people off that prefer finer things in life.
LCT - It’s just an iteration of the incremental salary taxation levels. Earn more and you get dicked more, it’s not like people earning more don̵