Letter to the Australian Car Industry, Employers and Employees

The Coalition understands the importance of business and consumer confidence and wants confidence to return to Australia’s car sector.

We want Australians to know that they can buy or lease a new motor vehicle with confidence, secure in the knowledge that a Coalition Government will not proceed with the Labor Government’s poorly thought through changes to Fringe Benefits Tax arrangements on cars.

The car industry and the tens of thousands of people affected directly and indirectly by Labor’s changes deserve better than policy created on the run with no consultation with industry or stakeholders.

You and your customers can rest assured that if we are elected, Labor’s FBT changes will become null and void.

In the event the Coalition is elected on 7th September, we encourage all stakeholders, including employers and employees engaged in salary sacrifice programs, to urgently and immediately return to normal trading activity in order to repair the damage done by this ill-considered Labor announcement.

In particular, we want to acknowledge the role that the leasing and salary packaging industry plays in assisting with new car sales, generating demand and, therefore, generating jobs.

Australians should know that the Coalition supports their efforts and wants them to succeed.

You have our support now and into the future.

Leave a Reply

Your email address will not be published. Required fields are marked *