Ian Macfarlane (Groom, Liberal Party, Minister for Industry) Share this | Hansard source

The amount of money taken out of the car sector was $1.23 billion by the Labor Party, two tranches of $400 million out of the green car fund and then finally the coup de grace of $430 million out of the Cleaner Car Rebate Scheme—$1.23 billion taken out by that government. We know, just to finish the industry off, they introduced a $1.8 billion fringe benefits tax, which drove sales, including Holden's, through the floor.

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