Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 2GB account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 2GB content and other benefits.


Joining is easy.

Advertisement
Advertisement
Advertisement

Federal Chamber of Automotive Industries calls on Government for extension of the Instant Asset Write Off initiative.

Official V-Facts car sales figures show May sales reflected a 35 per cent reduction over May last year – an improvement over the 48 per cent decline in April year on year however still very disappointing. The new vehicle industry is hoping for a much bigger improvement this month, June the biggest selling new vehicle month of the year.  The Federal Chamber of Automotive industries now calling on the Government to extend the Instant Asset Write Off Initiative past its current June 30 deadline. The Instant Asset Write Off threshold for this financial year increased to $150,000 – however vehicles defined as able to carry a load less than one tonne and fewer than nine passengers are allowed to claim $57,581 – for vehicles costing up to $150,000 in price and able to carry more than one tonne or more than nine passengers you are able to claim the full purchase price back. Little wonder sales of RAM’s 1500 utes had a whopper month.

I’m David Berthon

Click PLAY to listen!

Download this podcast here

Advertisement