LABOR’S RECORD PROVES THEY CAN’T BE TRUSTED ON CARS
18-January-2012
Unlike Labor the Coalition has never broken its promises to the car industry. It’s desperately hypocritical for Labor to feign concern about the Coalition’s car industry policy, given its own chaotic dealings and track record.
The following table displays a litany of Labor’s broken promises to the car industry, totalling almost $1.4 billion:
|
Scheme
|
Original Announcement
|
Broken Promise
|
|
LPG Vehicle Scheme*
|
24/11/07 Funding $96m
|
27/1/11 Axed $96m
|
|
Green Car Innovation Fund
|
10/11/08 Funding $1.3b
|
11/5/10 Reduced $235m
14/8/10 Reduced $200m
27/1/11 Reduced $401m
10/2/11 Reduced $25m
Total $861m
|
|
Cash for Clunkers
|
24/7/10 Funding $429m
|
27/1/11 Axed $429m
|
|
TOTAL OF BROKEN PROMISES
|
$1.4b
|
*Existing Coalition scheme originally fully retained by Labor
In addition to their persistent broken promises, Labor is now introducing a punishing carbon tax adding $460 million in costs to the car industry over 10 years.
If elected, our first order of business will be to abolish the carbon tax which will return hundreds of millions of dollars to the car industry.