ASPIA has noted the Open Letter to the Car Industry from Tony Abbott and Joe Hockey confirms it will "not proceed with the Labor Government's poorly thought through changes to Fringe Benefits Tax arrangements on cars."
"In the event the Coalition is elected on 7 September, we encourage all stakeholders, including employers and employees engaged in salary sacrifice programs, to urgently and immediately return to normal trading activity in order to repair the damage done by this ill-considered Labor announcement."
A copy of Mr Abbott's letter is attached for further information.
Please click here to download the Media Release.
Please click here to view Tony Abbott's letter to the Industry.