Just read this
Oz M3W February 2014 update outlining the current status of compliance for our market. There are also some good photos of the final Oz designed car.....
Absolutely ridiculous the 3 wheeler will be treated as a "luxury car" and will attract the 33% luxury car tax (LCT) on each dollar over A$60,316 (or A$75,375 for fuel efficient vehicles - which the 3 Wheeler is not). With all three car manufacturers in Australia closing local factories by 2017 there has been much debate about whether all import tariffs should be abolished as there will no longer be a local car industry to protect, some also argue (quite rightly IMHO) the luxury car tax should go too. A government productivity commission report into the Australian car industry is suggesting LCT be abolished as it unfairly penalises people who choose to indulge themselves by purchasing cars, as no similar tax applies to jewellery, boats or other luxury goods.....if it goes you can bet a broader based tax will replace it as the Government won't like losing the revenue....
Sorry, drifted off the M3W topic a bit
.....the above aside, it's great news the process of homologation is almost compete. A credit to the Australian importer and MMC in the UK for persisting with the process when many others might have given up because it's all too hard. Also shows a great deal of commitment to our comparatively small market compared to the UK, Europe and USA - which as a 4/4 owner and (hopefully) future M3W owner this is all positive news
