Looks like the changes won't deliver any extra tax revenue (Rudd spins this as 'savings') just result in the loss of 3000 jobs. Solid effort from The Supreme Leader.
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"The changes are also not likely to deliver the forecasted $1.8 billion in revenue because the industry expects drivers will switch to cheaper and/or used cars to avoid the FBT, which adds between $1400 and $4000 to the car's running costs each year, depending on the model."
