Govt must get 'luxury' definition right

Max Newnham | September 8, 2008 - 11:35AM The panel given the job of making Australia's tax system simpler need look no further than luxury cars for a place to start. Not only is this area of taxation complicated but, due to the unfair way in which the luxury car limit increases, cars that are more of a necessity are now classed as a luxury. The inability of Kevin Rudd's government to understand the complexities... [read full story]