Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Link to this | Hansard source

I move:

That this bill be now read a second time.

The bill imposes luxury car tax to the extent that it is a duty of excise.

As a result of the increase in the luxury car tax rate this bill increases the luxury car tax rate to 33 per cent to apply to luxury cars on and from 1 July 2008.  

I commend the bill to the House.

Debate (on motion by Mr Turnbull) adjourned.