Coalition Will Not Support Labor’s FBT Hit on Cars

Jul 25, 2013 | Latest News

Wednesday, 24 July 2013

Alex Hawke

MP, Federal Member for Mitchell said the Coalition did not support Labor’s $1.8

billion hit on the car industry.

“This tax

hike will cost thousands of local families an average of $1,400 per year”, said

Alex Hawke MP.

“It has been

estimated that 75 per cent of drivers with salary packaged vehicles earn less

than $100,000 – so this is another hit on families.

“The

policies of the Rudd-Gillard Government have put enormous pressure on families.

“There’s

been the carbon tax, the changes to the private health insurance rebate, the

increased superannuation taxes, the increased child care costs, the loss of

promised family payments and now changes to the arrangements for the FBT on

cars.         

“If you are

a sales rep with a company car, a nurse or a teacher with a salary-packaged

vehicle then this decision is bad news for you and your family.

“As the

Member of Parliament who represents the most families in the country, these

changes greatly concern me because of the significant impact it will have on

members of our local community.”

Alex Hawke

said he promised that if elected, a Coalition government will not proceed with

these changes.

“Once again,

this is another Kevin Rudd rush-job. This is a rushed decision that won’t just

hit families; it will also damage the economy, particularly those in the car

industry.

“It is

estimated that 35 per cent of all salary packaged vehicles are made by local

manufacturers Toyota, Ford and Holden.

“Mr Rudd is

all talk and no action, but when he finally does act he ends up destroying

people’s jobs.”

Alex Hawke

said the changes also meant more red tape for small businesses and an impact on

small businesses.

“Small

business is carrying much of the burden of 21,000 new regulations as well as

the carbon tax and this decision has come at the worst possible time.”

Alex Hawke

said this is another decision by a government that does not understand the

pressures on families, does not understand the pressures on small businesses

and that is making it up as they go along.