12th May, 2021 ยท bulletin

2021-22 Budget Briefing

< 1 minute to read

The AADA is generally supportive of the measures announced in the 2021-22 Federal Budget which will help lead our economic recovery and will give automotive businesses confidence to invest and employ Australians.

Our public response to the Budget is available in the AADA Media Release issued last night.

Initiatives such as the extension of the temporary full expensing measures until 30 June 2023 Australians and the expansion of the apprenticeship wage subsidy should benefit our industry while tax relief provided to many middle- and lower-income Australian will also have a positive flow on effect for new car Dealers.

We have prepared the attached 2021-22 Budget Briefing paper for members which provides a summary and brief explanation of the measures that are relevant.

Further details are also available on the Government’s Budget Website.