volume today...., page-14

Ocker,

you said "...b) Only a "select" few benefit from this tax concession and my opinion is that not too many of those that don't benefit care less whether the concession is removed. On the contrary, they would rather see the concession removed rather than a tax increase on something that does impact them...."

This is far from accurate. Novated leases are widely used in community services etc to facilitate salary sacrificing. It is this salary sacrificing that allows the community services sector to hold staff as they are mostly very poorly paid. This proposed change has much more complex effects than imagined by the likes of Krudd.