The Forum > Article Comments > FBT back on track under new Coalition government > Comments
FBT back on track under new Coalition government : Comments
By John Cadogan, published 18/9/2013It did not make sense to pump all these funds into the production side of the local car making equation, only to choke off the demand side by cutting the FBT concessions.
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And if you paid less tax, then you would have more money in your pocket to buy that local car.
Today people no longer buy cars - they buy computers on wheels.
If real cars were made in Australia, such good, stable, easy to maintain and lasting models as they used to make until the 1980's or about 1992 without computerised gadgets, then I will be very happy to dig into my pocket and buy a new car of such model.
Most electronic parts of modern cars cannot be produced in Australia even when the rest of the car is, because producing computer chips requires such specialised factories where the silicon layers are constructed in total vacuum. Very few countries have them, which makes Australian car-manufacturers totally dependent and may bring Australian car-makers to their knees when foreign interests dictate.
Why don't the car companies ask real people what sort of cars they want?
- they currently don't need to because they currently only need to consult with other corporations and the government, not with people.
Why should I be subsidising other people's computers?