sleazius Posted 23September, 2022 Report Share Posted 23September, 2022 Not really a surprise but another article saying the EU wants AU to get rid of LCT as part of the trade agreement. Bit of a nothing burger at this point, but for anyone who is interested. *if you don't have SMH just open it in an incognito or private window* https://www.smh.com.au/politics/federal/eu-wants-luxury-car-tax-to-go-in-give-and-take-on-trade-deal-20220920-p5bjfx.html Raven 1 Quote Link to comment Share on other sites More sharing options...
LeeM Posted 24September, 2022 Report Share Posted 24September, 2022 As if the Australian government will do that 😅 Morpheus and Joz 1 1 Quote Link to comment Share on other sites More sharing options...
Raven Posted 24September, 2022 Report Share Posted 24September, 2022 2 hours ago, LeeM said: As if the Australian government will do that 😅 True , if it was to go they would have less fund to give away to every freeloader in the country , they just raised the dole payments for the unemployed , someone who is hard working and honest has to get finger for the money LeeM 1 Quote Link to comment Share on other sites More sharing options...
JWM Posted 24September, 2022 Report Share Posted 24September, 2022 It will go for sure imo … It’s all about playing the game to see what we can get in return now: “Australia’s automotive industry peak body has suggested it could be scrapped in exchange for better market access for agricultural industries.” Raven 1 Quote Link to comment Share on other sites More sharing options...
sleazius Posted 24September, 2022 Author Report Share Posted 24September, 2022 I too don't think it will be scrapped, they'll probably just offer up the %5 import duty like they have with every other trade agreement. The only difference here is the EU has high tariffs on almost everything we export - minerals, gas, food, and they're all 12% or higher. If the Australian government had any balls at all they'd stick it to gas producers in this country, then get the EU to drop their import tariffs on gas. That alone would make up for $1B in lost LCT dozens of times over annually . Unfortunately that will never happen, because the people in charge are beholden to commercial interests and screw everyone else. *Resource producing companies in Norway are taxed at 51% (on top of 27% ordinary tax rates) - haven't seen any of them pack up shop and leave. LeeM, Raven and JWM 3 Quote Link to comment Share on other sites More sharing options...
JWM Posted 24September, 2022 Report Share Posted 24September, 2022 I would have thought LNG tariffs might be on the table given the current situation in Europe... Agree no balls to do anything about taxing them here though … Chalmers wet his pants when Garnaut mentioned MRRT the other week … tomo 1 Quote Link to comment Share on other sites More sharing options...
Ian718 Posted 4May, 2023 Report Share Posted 4May, 2023 https://www.9news.com.au/national/australiauk-free-trade-deal-comes-into-force-at-end-of-month/6c2e76dd-6a53-4cde-9bea-3da058c4a37a Not the EU FTA agreement... but I hope this UK FTA agreement will eventually affect Aston Martin and other British-made car prices! Quote Link to comment Share on other sites More sharing options...
sleazius Posted 6May, 2023 Author Report Share Posted 6May, 2023 That'd be right, when I have a Lotus on the water 🤣 Ian718 1 Quote Link to comment Share on other sites More sharing options...
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