Category: Feature

LUXURY CAR TAX STAYS, FIGHT CONTINUES

The Luxury Car Tax (LCT) threshold for luxury cars will increase to $65,094 for the 2017-18 financial year, in line with an increase in the ‘All Groups’ Consumer Price Index (CPI). The LCT threshold for fuel-efficient luxury cars will remain…

Extrapolation in Warranty Audits – Fair or Unfair?

1.1    We recently advised a National Dealer Council on the lawfulness of extrapolating warranty audit ‘exceptions‘ discovered during a distributor warranty audit. 1.2    One of the main issues we focused on in our detailed advice on the topic was whether…

FUTURE-PROOFING YOUR DEALERSHIP

In a market where goodwill multiples are at an all-time high and the quest for turnover can sometimes overtake the need for profit, Dealers are asking the question, “What dealership should I buy that future-proofs my profits?” Steven Bragg, KPMG…

INCENTIVES VITAL TO ENCOURAGE LOW EMISSIONS

The newest data released by the National Transport Commission supports the motor industry’s assertion that credits and incentives are vital in encouraging more consumers to buy low emissions vehicles and, in doing so, continue to drive down Australia’s carbon dioxide…

30 HOLDEN DEALERSHIPS TO BE TERMINATED

Holden will cull 30 dealerships, mostly from metropolitan areas, in a bid to counter falling sales. Most of Holden’s 269 Australian Dealers have franchise contracts that are due to roll over on 31 December, giving the affected dealerships roughly six…

OPPORTUNITIES ABOUND IN NOVATED LEASING

Recent research shows that the novated leasing market in Australia has plenty of room for growth. Fleet sales represent 50 percent of vehicle sales, but ACA Research conducted a survey that found just 14 percent of fleets regarded novated leases…