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Stamp duty removal backed

FOLLOW SUIT: The rural transport industry is asking Queensland and Victoria to consider reforming registration arrangements for the transport industry.
FOLLOW SUIT: The rural transport industry is asking Queensland and Victoria to consider reforming registration arrangements for the transport industry.

AUSTRALIA'S rural transport industry wants Queensland and Victoria to follow NSW and discount registration for small transport companies.

National President of the Australian Livestock and Rural Transporters Association, John Beer, said he was delighted by the NSW government's decision to apply discounts to small transport companies who own additional trailers, but wanted the rest of the country to follow suit.

"This is a particular problem in the bush," Mr Beer said. "The local carrier in a small country town may be a bloke who owns just one prime mover, but he may have to own a flatbed trailer, a grain tipper, a stock crate and maybe even a tanker in order to do all the jobs that local businesses and farmers need done.

"At the moment, in eastern Australia, that bloke has to pay full rego for each of those trailers even though it's not physically possible to use them all full time.

"That's thousands of dollars, for trailers that are parked up, on stand by, for most days of the week."

Mr Beer also congratulated the NSW Government for its historic decision to abolish stamp duties from the purchase of new heavy vehicle trailers.

"After working with the NSW Government for almost two years in order to secure these reforms, the rural transport industry will now be asking other states to match NSW's leadership," he said.

"The abolition of stamp duty on new vehicle purchases is something that was promised to Australian business and industry as part of the original GST reforms. This historic step by the O'Farrell Government is the first move from any state to start delivering on that promise.

"We're delighted by this decision. Other governments should now take up the challenge to make progress on these overdue reforms to stamp duty."

Topics:  stamp duty cut


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