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CarAdvice
The $150,000 instant asset tax write-off: everything you need to know
News
3rd May 2020
4 min read

The $150,000 instant asset tax write-off: everything you need to know

The $150,000 instant asset write-off tax incentive introduced by the Federal Government in the lead-up to the coronavirus lockdowns has caused widespread confusion in the car industry about how it applies to motor vehicles. A special investigation by CarAdvice has found most major car companies are reluctant to offer any guidance about which vehicles might be eligible under the scheme scheduled to run from 12 March 2020 to 30 June 2020, the close of this financial year.
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Joshua Dowling
Ken Block unveils next Gymkhana Mustang in black and white
News
3rd May 2020
1 min read

Ken Block unveils next Gymkhana Mustang in black and white

Drift king Ken Block has unveiled what the star of his next Gymkhana video could look like, releasing high resolution, computer generated images of a wild-looking Ford Mustang from the 1980s.
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Joshua Dowling
McLaren Speedtail takes on a fighter jet
News
2nd May 2020
1 min read

McLaren Speedtail takes on a fighter jet

A McLaren Speedtail – the brand’s first ever hyper GT car – has been put up against a fighter jet in what might be the most expensive drag race in history. Orchestrated by the BBC’s Top Gear TV show, the £1.75 million (AU$3.4 million) Speedtail was put head to head against a roughly £100 million (AU$194 million) F35-B Lightning fighter jet for a lap of an improvised course at an airfield.
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Liam Murphy
Tesla Cybertruck to appear on new episode of Jay Leno's TV show
News
1st May 2020
3 min read

Tesla Cybertruck to appear on new episode of Jay Leno's TV show

Former US talk show host, comedian and car enthusiast Jay Leno has released a teaser video for his TV show, Jay Leno's Garage, and it appears he will get a closer look at the Tesla Cybertruck – possibly even from behind the wheel. Now in its fifth season, the TV show sees Leno partner celebrity guests like Arnold Schwarzenegger and Tim Allen with intriguing new and classic vehicles, putting both the stars and the cars to the test in a series of road trips, races and stunts.
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Susannah Guthrie
Hail storm delivers windfall to new-car sales in Canberra
News
30th Apr 2020
2 min read

Hail storm delivers windfall to new-car sales in Canberra

The hail storm that lashed Canberra in late January has delivered a boom in new-car sales as the rest of the market hit the brakes. Official figures from the Federal Chamber of Automotive Industries for March show sales of new cars in the Australian Capital Territory increased by a staggering 77 per cent compared to the same month the previous year (from 1700 to almost 3000 vehicles) – as the overall market nationally fell by 18 per cent.
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Joshua Dowling