MMS 0.87% $16.21 mcmillan shakespeare limited

political risk resurfaces, page-6

  1. 10,373 Posts.
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    I think you miss my point.

    The Abbot government specifically stated that ONE of their reasons to reject the Labor proposed removal of the FBT concession for novated leases was to protect the local car industry.

    Given the humungous budget deficit situation they face I merely suggest they may well look at raising as much extra revenue as possible.

    In all the circumstances they could genuinely argue that based on previous arguments they have justification in now removing the FBT concession.

    Would they do it? Can they do it? Would they get away with it?

    Hell, I hope not as I own quite a few MMS !!!!

 
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