50% Tax Break on New Cars Explained
The federal budget has revealed an increase in the tax break for small and other sized businesses when they purchase equipment for more than $1,000.
This presents a fantastic opportunity particularly for small business in terms of vehicle acquisition as they should be able to claim an exceptional tax rebate.
Australia’s Great Drives – The Great Ocean Road
Stretching down along Australia’s Southern Coastline from Torquay to Allansford is perhaps Australia’s most well known “Great Drive” The Great Ocean Road. This long winding piece of roadway includes some of the most spectacular ocean views along its 243km journey. Broken up into 3 sections it is not a short trip by any means. In fact to do the road and yourself justice you be well advised to allow at least a couple of days to travel along it and see the many wonderful sights and towns that are nestled in along the route.
From the twelve apostles to natural rainforest waterfalls there is something along this road for everyone to marvel at. The road itself is an enjoyable and relaxing drive through the many bends and curves hugging the coastline, regardless of whether you’re on a motorbike, or in a 4WD, bus or car.
For those interested in its history the road itself was built between World War I and World War II by returned servicemen to honour their fallen comrades. The road took 16 years to build and was all done by hand with picks, shovels and dynamite. It was also Australia’s first toll road but was later a gift to the Victorian government and motorists no longer incur any toll.
2010 Australian GP Swansong
The Australian GP has just finished for another year with a sensational win for the F1’s newest team Brawn GP. Brawn GP has come out of the old Honda team who withdrew due to economic difficulties early this year. The management of the team bought out the license and on qualifying day picked up major sponsor Virgin before going on to have record a one-two finish in its first race. The twilight race at Melbourne was a limited success with crowds down and some drivers having problems with the glare coming in and out of corners.
The Melbourne GP is due to hold one more race next year before its contract expires and at the moment is fighting hard to hold on to the event for an additional term. It won’t be easy though with competition from other Australian states as well as international pressure with Russia and India looking to host a race from 2011.
With a complex negotiation going on between the Melbourne GP Corporation and the F1 governing body it could well mean that next year is the last GP in Melbourne if not Australia. Whilst other states may argue they are better suited to host or at least deserving of the right the real shame will be if Australia loses the right to host a GP anywhere in 2011. Unfortunately this may become a reality in the next few months meaning the 2010 GP could be Australia’s F1 swansong.
2007 Frankfurt Motor Show
The Frankfurt Motor Show has just opened and features a definite theme – green.
Car makers have been jostling for position as each tries to show off its eco-friendly credentials with every major manufacturer featuring models with improved fuel efficiency, running on bio-diesel, batteries or hydrogen.
A New Car For $8990?
It’s about to happen. Expect a flood of car imports from China to start within weeks.
One thing’s for certain, they are going to create big waves in the local market, primarily at the entry end.
Tassie Connection
In around 4 to 5 hours of driving I believe you will experience unsurpassed contrast, magical colonial history and magnificent landscapes, more so than in any other 4 hour driving experience in Australia.
I’m talking about the drive from Hobart, the Island’s capital, to Strahan on the Wild West Coast.
Cylinder Displacement Systems
The thinking here is that you don’t need the power and grunt of a six or eight cylinder motor all the time.
So if you don’t need it, don’t use it and save fuel.
jJuly Fallback After Bumper June
In June vehicle sales in Australia stunned the analysts and the World’s economists by soaring 36.3 percent over the May figures, and posting the third biggest sales month ever.
This was in total contrast to the dismal results recorded by most of the World’s leading economies.
The Government put this unique performance down to their “carefully targeted investment packages”. By this they meant the 30 percent big business tax break, and the recently announced 50 percent tax break for small business (under $2mil annual turnover).
Porsche’s Fall From Grace
Dr. Ferdinand Porsche created the Volkswagen (People’s Car) for Hitler in the 1930’s.
After the war and after his incarceration he helped his son, Ferry, produce the first Porsche sports car, the 356, mainly from Volkswagen components.
Summer motoring
Spring is here and Summer is on its way.
That’s a sign that the tops are coming off, so you may want to turn your thoughts to open top motoring – a concept not possible not so long ago.
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