Australia’s controversial luxury car tax threshold has been moved higher for the 2023-2024 financial year, meaning more models will be exempt from the tariff even though many marques are steadily marching upmarket.
From July 1, 2023, the LCT threshold will be lifted from $71,849 to $76,950 – raising the cap by $5101.
This means vehicles like the recently revealed Ford Everest Wildtrak (from $73,090 before on-road costs), the petrol-powered Hyundai Palisade Highlander (from…
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