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The Pub For General Automotive Related Talk |
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13-02-2014, 10:11 PM | #1 | ||
FF.Com.Au Hardcore
Join Date: Feb 2011
Location: On The Footplate.
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Saw a comment online, and a couple of guys at work mentioned something, that is a point I hadn't realised about the finishing up of manufacture of locally made cars.
Basically, they said the following: If locally made cars are going to be gone, and all our cars are going to be imports...then logically there's no further need for import taxes and protectionist tariffs and these should be removed once local manufacture winds down and finishes. I mean, seeing as how we could no longer purchase Australian-built cars, there's no need for the taxes and tariffs, is there? Of course it won't happen, but it's nice to dream. It does make a good point though...why have tariffs and taxes on imported cars just to "protect" something that no longer exists...? |
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13-02-2014, 10:14 PM | #2 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
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I suspect once the industry has gone our dollar will decrease (unless mining can do something extraordinary).and you will pay more for imported cars. I did read something about removing taxes on grey imports
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15-02-2014, 05:02 PM | #3 | ||||
FF.Com.Au Hardcore
Join Date: Feb 2008
Posts: 2,312
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Yes, and the australian public will cry out because of the cost of imports
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13-02-2014, 11:07 PM | #5 | ||
CNC fixer guy
Join Date: Sep 2006
Location: Melbourne Vic
Posts: 609
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Certain motoring groups are pushing for abolishing the measly 5% tariff immediately, but they have forgotten that people are still employed and making cars here until 2017 (hopefully) so removing the tariff right now would only bring the closures sooner.
As for the price of imports once we stop making cars, we might find that prices go up slightly as we have 3 less models here to choose from (any competition is better than none) and the importers will take advantage of it.
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13-02-2014, 11:15 PM | #6 | |||
Pity the fool
Join Date: Jan 2007
Location: Wait Awhile
Posts: 8,997
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Quote:
FTA with Korea and Japan will basically make tariffs redundant in any case.
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13-02-2014, 11:15 PM | #7 | |||
FF.Com.Au Hardcore
Join Date: Mar 2006
Posts: 531
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13-02-2014, 11:05 PM | #8 | ||
FF.Com.Au Hardcore
Join Date: Mar 2006
Posts: 531
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I actually won't be surprised if the tariffs get abolished completely. With FTAs in place with Thailand and Korea, and talks about a Japan FTA about to start, the only region left will be the EU, which I would imagine makes up smaller number of auto imports compared to Japan, Korea and Thailand. Really not much point in keeping it.
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14-02-2014, 08:55 AM | #9 | ||
FF.Com.Au Hardcore
Join Date: Jun 2011
Location: Gladstone Qld
Posts: 664
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I have a question for our Cuzzy Bro's across the ditch. Is there a reason why New Zealanders are able to import just about whatever make & model of vehicle they want? Just curious, we had a family holiday over there a little while ago & I noticed many of what we would call grey imports over there. I figure the Australian government must have more strict rules when it comes to imports. Thought I'm not sure if that's about protecting our car industry or possibly a design rule, or safety related issue.
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14-02-2014, 01:29 PM | #10 | |||
FPV GTR
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14-02-2014, 09:17 AM | #11 | ||
HELL YES
Join Date: Jan 2005
Location: Penriff
Posts: 647
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Once Australian manufacturing of cars ceases then an importer can apply for a tariff concession (TC) to be granted.
A tariff concession is legislative instrument that can be granted where comparable goods are not manufactured within this country and no company is prepared to accept an order to manufacture those goods.. EG. the tariff on golf clubs is 5% however, there is a TC specifically for that item that reduces the duty to zero. Jacko, Australia makes it almost impossible to do a personal import unless you've owned it and used it overseas for 12 months or the vehicle is pre 1989 build. The majority of "grey" imports here are currently imported by registered Australian workshops under the RAWS scheme. Where the workshops are licensed to comply certain car models with Australian standards. Cheech (Licensed customs broker)
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14-02-2014, 12:48 PM | #12 | ||
Regular Member
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Posts: 352
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So once the manufacturing here stops and the government loses heaps of revenue you want them to loose even more revenue by dumping tariffs? Not gonna happen.
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14-02-2014, 01:56 PM | #13 | ||
Regular Member
Join Date: Aug 2012
Posts: 233
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Saw something that said govt makes about 1 billion from the tariff so they'll just recoup that somewhere else so while it might happen someone's still gonna be paying
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14-02-2014, 06:46 PM | #14 | ||
Oo\===/oO
Join Date: Jan 2007
Location: Tamworth
Posts: 11,348
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Apparently the government made "billions" on imports...
So, why no protect our industry???
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14-02-2014, 08:11 PM | #15 | ||
FF.Com.Au Hardcore
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Location: Karuah Valley
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Kiwi had to be a bit more switched on than here in OZ.
Small market with wide range of needs--sort of like OZ. with no cash. not only do they let you import but they give you assistance to manufacture import replacement parts. In OZ tariffs will go-- then they will be replaced with sales tax of some type. luxury tax green tax strange badge tax.
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14-02-2014, 08:38 PM | #16 | ||
FF.Com.Au Hardcore
Join Date: Jul 2006
Posts: 7,331
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Watch the rego go up when tariffs disappear.
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14-02-2014, 08:57 PM | #17 | ||
FF.Com.Au Hardcore
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Location: Canberra Region
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Rego goes to the State Gov, Tariffs go to the Federal Gov.
So there is no real link between the two.
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14-02-2014, 08:41 PM | #18 | ||
GT-P With An Ego
Join Date: Feb 2005
Location: Canberra
Posts: 21,071
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lol to all the ricers and eurotrash lovers that think we'll all be getting $80,000 M3's and GTR's. like the extortiate pricing we get here is going to disappear. fact is the amount of import taxes and duties and LCT etc. do not explain why a M3 is 180k here, and not 70k like in UK/US.
All we'll be left with is, expensive imports, and no local alternative, and 100,000+ jobless. yay!
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14-02-2014, 09:57 PM | #19 | |||
Excessive Fuel Ingestion
Join Date: Dec 2004
Location: Central Queensland Coast
Posts: 1,586
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At least the taxpayers won't have to cough up year after year to 'carry' the auto manufacturing industry any more............ Forest for the trees............... Ed
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14-02-2014, 10:44 PM | #20 | |||
CNC fixer guy
Join Date: Sep 2006
Location: Melbourne Vic
Posts: 609
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Quote:
What cars will we see southern cross stickers on?
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14-02-2014, 08:59 PM | #21 | ||
FF.Com.Au Hardcore
Join Date: Aug 2009
Posts: 3,152
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My only concern is that the Fed gov does NOT drop any car tariffs until we NO longer manufacture cars here.
Otherwise current manufacturers will pull out even faster due to even more fierce pricing/undercutting. |
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14-02-2014, 09:07 PM | #22 | ||
FG Falcon fan
Join Date: Apr 2008
Location: Canberra, ACT
Posts: 913
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We have a federal budget deficit, if we no longer make cars then we should slap a tax on them to raise revenue because they are our 3rd or 4th biggest import. We arent here to line the pockets of foreign companies, esp with unemployment now at a 10-yr high and trending higher :^(
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14-02-2014, 09:10 PM | #23 | ||
FF.Com.Au Hardcore
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Location: Adelaide
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the feds are sweating on balancing the budget at the moment, and loosing the $1bn they make from tarrifs, wont be palatable. Whether they are dropped tomorrow or in 3yrs time makes no difference to how few aussie made cars will be sold between then.
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15-02-2014, 07:58 AM | #24 | ||
Falcon RTV - FG G6ET
Join Date: Mar 2007
Location: In Da Bush, QLD
Posts: 31,801
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Tariffs are a handy form of indirect tax. The Government will keep them for a looooonnnnggg time. The car sales industry in Australia is so fragmented by so many brands that they have stuff all influence over government in Australia.
Tariffs are here to stay.
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15-02-2014, 08:25 AM | #25 | ||
Banned
Join Date: Feb 2010
Posts: 5,801
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Kiwi's enjoy tariff free imports from any country in the world because we're an open market that encourages and fosters free trade. We don't block our so called closer economic relations trading partners produce from supermarket shelves.
The net benifet to Kiwi's is we can import cars from the U.K. anmd cut out the extortion that Euro distrubutors try and get away with through official channels. Who wouldn;t mind a demo 2013 Jaguar XFR for $A100K ? |
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15-02-2014, 09:39 AM | #26 | |||
FF.Com.Au Hardcore
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15-02-2014, 10:01 AM | #27 | ||
FG Falcon fan
Join Date: Apr 2008
Location: Canberra, ACT
Posts: 913
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I disagree strongly. Its like MMA or boxing with no divisions...the heavyweight would probably win. The USA subsidizes its farmers to absurd levels and the USA slaps a 25% tariff on imported trucks.
Id rather win trade than have free trade. Its this blanket mantra "free" which sounds fair and just doesnt it. But it only suits those who are good at trade. There is ZERO reason why little Australia should try to play with the big boys of Japan, USA and Germany. We need to pick and choose our industries. Now it just so happens that the auto sector is in our top 3 for imports, ergo if we tax them we are harming no Aussie industry anymore. 20% GST on cars gets my vote. We need not line the pocket of foreign companies. Anyone who believes free trade is fair is deluded. Business/trade isnt about making friends, its about crushing the competition by any means necessary. |
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15-02-2014, 10:43 AM | #28 | ||
Pity the fool
Join Date: Jan 2007
Location: Wait Awhile
Posts: 8,997
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Yeah if you're the one controlling the so-called "free market".
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Fords I own or have owned: 1970 XW Falcon GT replica | 1970 XW Falcon | 1971 XY Fairmont | 1973 ZG Fairlane | 1986 XF Falcon panel van | 1987 XFII Falcon S-Pack | 1988 XF Falcon GLS ute | 1993 EBII Fairmont V8 | 1996 XG Falcon ute | 2000 AU Falcon wagon | 2004 BA Falcon XT | 2012 SZ Territory Titanium AWD Proud to buy Australian and support Ford Australia through thick and thin |
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15-02-2014, 11:12 AM | #29 | ||
CNC fixer guy
Join Date: Sep 2006
Location: Melbourne Vic
Posts: 609
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The so called free market contributed greatly to kill our local car industry so i would say its not the way to go for oz anyhow.
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16-02-2014, 09:25 PM | #30 | |||
FF.Com.Au Hardcore
Join Date: Jun 2013
Location: Adelaide
Posts: 1,626
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Quote:
That lack of protection is the reason why we no longer have cars with hand crank windows and no ac, while the rest of the world has moved on. Globalization and lack of economy of scale is the reason it no longer pays to make a car in this country.
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