Stephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

As Senator Abetz has indicated, the legislation is in the other chamber. So why would you ask if we are introducing a bill? But perhaps Senator Abetz has got a cunning plan and we are waiting for the trap to pounce.

As I have already mentioned—and to prove my point that I was relevant previously—I was talking about the revenue forecasts of the luxury car tax. Senator Abetz is now asking about the revenue projection, so I will repeat what I said in the first answer that I gave. The weaker economic outlook flowing from the global financial crisis is expected to result in fewer car sales. Increasing the luxury car tax threshold for vehicles with fuel consumption not exceeding seven litres per 100 kilometres has led to a luxury car tax revenue that has been revised down by around $20 million in each of the— (Time expired)