Barnaby Joyce (Queensland, National Party) Share this | Hansard source

I rise tonight to talk about what a complete and utter muddle the Labor Party’s position on this is. We have just heard the finale: that, in light of current economic conditions, in light of world macroeconomic conditions, the Labor Party is going to bring about a luxury car tax with the Tax Laws Amendment (Luxury Car Tax) Bill 2008. Let us just take this apart piece by piece, because I think that is what is needed. Let us start from the word go with the history of the luxury car tax, which has been espoused so many times but is completely and utterly wrong in what the Labor Party is putting forward. The luxury car tax was introduced by the Hawke Labor government in August 1986. It is extremely important to get that on the record.