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 OZschwitz idiots: Government to unveil $200m car industry rescue package

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OZschwitz idiots: Government to unveil $200m car industry rescue package Vide
PostSubject: OZschwitz idiots: Government to unveil $200m car industry rescue package   OZschwitz idiots: Government to unveil $200m car industry rescue package Icon_minitimeSun Aug 04, 2013 1:26 am
The Rudd government is set to announce a new rescue package for Australia's ailing automotive industry, aimed at boosting demand for locally made cars.

OZschwitz idiots: Government to unveil $200m car industry rescue package Art-274034744-620x349

Worth an estimated $200 million, the package is being negotiated with manufacturers Ford, Holden and Toyota.

The move follows Labor's controversial plan to change the fringe benefits tax on company cars, expected to raise $1.8 billion over four years.

A spokeswoman for Innovation Minister Kim Carr said the rescue package was aimed at luring more buyers for Australian-manufactured vehicles.
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"The government is still in discussions with industry about any potential additional measures to help boost the sales of locally made cars, which have been in decline over an extended period," she said.

http://smh.drive.com.au/motor-news/government-to-unveil-200m-car-industry-rescue-package-20130803-2r5yi.html
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