Stephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

As Blackadder would say, ‘A cunning plan, Baldrick.’ As I have already said—and I will now repeat it for the third time in a row—the luxury car tax revenue has been revised down by around $20 million in each year of the forward estimates. This is not the result of the increase in the luxury car tax. The downward revisions are the result of two factors: the weaker economic outlook flowing from the global financial crisis is expected to result, surprisingly, in fewer car sales, and—