Car Stamp Duty To Rise In Queensland !!!

[csv8]

Queensland car buyers will fund a $528 million increase in mental health spending through increased stamp duty on vehicle sales, with V8s costing most and fuel-efficient hybrids least.

Under the measure, to be included in next week's budget, the motor duty levy will be raised from two per cent of the purchase price to three per cent for four-cylinder vehicles, 3.5 per cent for six-cylinder vehicles and four per-cent for V8s.

Premier Peter Beattie said the extra tax meant buyers would pay an extra $220 in duty on a $22,000 four-cylinder Toyota Corolla while duty on a $38,000 Holden Commodore would increase from $760 for a six to $1,330 for a V8.

But the duty on hybrid cars would remain at two per cent to encourage more motorists to take up the environmentally friendly option.

He said the tax increase was necessary to pay for additional funding for mental health services for the state which has one of the highest suicide rates in the country.

"Queensland has underfunded mental health for too long, we can't continue to have a higher percentage - 14 per cent higher when it comes to suicide - than the national average," Mr Beattie said.

However, he said even with the additional funds the state's mental health spending would only be 85 per cent of the national average.

"We only moved it five per cent, but if we hadn't done this it would have gone backwards," he said.

Treasurer Anna Bligh said the tax increase was expected to raise an additional $200 million a year which would cover the increase in mental health spending of $528 million over four years.

However, she said the stamp duty increase would be the only additional tax included in next Tuesday's budget.

She also indicated the budget would remain in surplus.

"This does mean a small revenue increase but frankly it's modest, its prudent and it means we can see increased services that Queensland deserves without the budget going into deficit," she said.

"If we want national levels of service delivery we've got to bite the bullet on some areas of revenue without losing our competitive tax status."

Ms Bligh said Queensland would remain the lowest taxing state in Australia and indicated the budget would offer relief for taxpayers in other areas.

"There will be other other areas of the budget where we will be looking at some moderation of tax," she said.

Here we go again, punishing us V8 drivers for our love of V8's.

[Interceptor]

a camry is fuel efficient huh....... then how the **** can i get 100km more to a tank at 130km/h than my stepbrother can in his 2003 camry (a 4 cyl manual) at 100km/h????

i've only got a 5L or so advantage in tank size too.....

peter beatie is a lying faggot at the best of times, the sooner someone rips him limb from limb in public the happier i'll be

[flukey77]

Yeh I saw this last night. Deadset this Beattie Govt is really starting to cheese me off with their bandaid fixes. Now they are raising tax revenue on cars with more cyls, in an attempt to fix the health system which they screwed up in the first place. A more fairer measure would be to increase fuel tax, because the fuel efficiency of a car isnt necessarily based on the number of cylinders it has. But of course they wont do that cause of the massive backlash, yet he will target us minority groups. Not happy!

[ltd]

Great, means we'll see it in NSW in no time as they are as bankrupt as QLD; both financially and morally - let's not mention Brackistan either.
Geez, I can't wait for all the states (which are all labor) and the federal government to be labor too, should be a new nirvana then, where the V8 is blamed for killing a million badgers a week.

[gozza]

This does not make any sense to me

[freaky]

Originally Posted by ltd

Great, means we'll see it in NSW in no time as they are as bankrupt as QLD; both financially and morally

Morris Iemma mentioned this morning on 2UE that he will not be implementing this in NSW.

We'll see.......

[ltd]

Originally Posted by freaky

Morris Iemma mentioned this morning on 2UE that he will not be implementing this in NSW.

We'll see.......

Yes, and he's a shining beacon of truth isn't he. After all, he's never rescinded on something he's promised.

[Nickxb]

I dont understand, why should car owners pay for mental health, i could understand if it was implimented to make the roads better but it just seems a bit unfair to me.

[atec77]

Originally Posted by csv8

Queensland car buyers will fund a $528 million increase in mental health spending through increased stamp duty on vehicle sales, with V8s costing most and fuel-efficient hybrids least.

Under the measure, to be included in next week's budget, the motor duty levy will be raised from two per cent of the purchase price to three per cent for four-cylinder vehicles, 3.5 per cent for six-cylinder vehicles and four per-cent for V8s.

Premier Peter Beattie said the extra tax meant buyers would pay an extra $220 in duty on a $22,000 four-cylinder Toyota Corolla while duty on a $38,000 Holden Commodore would increase from $760 for a six to $1,330 for a V8.

But the duty on hybrid cars would remain at two per cent to encourage more motorists to take up the environmentally friendly option.

He said the tax increase was necessary to pay for additional funding for mental health services for the state which has one of the highest suicide rates in the country.

"Queensland has underfunded mental health for too long, we can't continue to have a higher percentage - 14 per cent higher when it comes to suicide - than the national average," Mr Beattie said.

However, he said even with the additional funds the state's mental health spending would only be 85 per cent of the national average.

"We only moved it five per cent, but if we hadn't done this it would have gone backwards," he said.

Treasurer Anna Bligh said the tax increase was expected to raise an additional $200 million a year which would cover the increase in mental health spending of $528 million over four years.

However, she said the stamp duty increase would be the only additional tax included in next Tuesday's budget.

She also indicated the budget would remain in surplus.

"This does mean a small revenue increase but frankly it's modest, its prudent and it means we can see increased services that Queensland deserves without the budget going into deficit," she said.

"If we want national levels of service delivery we've got to bite the bullet on some areas of revenue without losing our competitive tax status."

Ms Bligh said Queensland would remain the lowest taxing state in Australia and indicated the budget would offer relief for taxpayers in other areas.

"There will be other other areas of the budget where we will be looking at some moderation of tax," she said.

Here we go again, punishing us V8 drivers for our love of V8's.

It's time our mayor of Brisbane Newman sorts out his priorities and stands for

premier , I have watched with interest his political travels and his history

and performance si excellent . Leading the opposition into victory and

removing beattie would be almost as good as getting Joh back

Originally Posted by ltd

Geez, I can't wait for all the states (which are all labor) and the federal government to be labor too, should be a new nirvana then, where the V8 is blamed for killing a million badgers a week.

The QLD gov already stoped buying V8 powered cars last year,exept for police.I had a look in a QLD government parking lot recently and not one car was Australian, all 4cyl tiiidas corola prius pulsar ect.Yesterday on the radio i heard the federal opposition leader has replaced his government car(Ford Territory) with a hybrid,I think Its sad to see the possible future leader of this country not suporting the local stuggling car industry.
If labor wins office federaly we may see the death of the V8 in this country.