:werd: to being a tightass!!
So is most of australia, and that is why we have some of the oldest vehicles in the Western world..
Thing is we could follow the NZ model, but there would be too much outcry over loss of jobs, and many manufacturers would be the first ones to "blame" the import of cheap overseas vechicles for their downfall.
However, in about 10 years the local industry will be dead anyhow, so it won't really matter too much will it? We *will* be following the NZ model, and allowing cheaper imports
Because of the strong housing market, propped up by interest rates (which should be a lot higher than they are) and an uncertain overseas situation.. our dollar is some of the highest it's been for nearly 20 years... making the export on items such as vehicles, very poor right now - and that is the only hope the local manufacturers really have of staying in the local market long-term. Mitsu is practically gone.. Ford is probably next..and somewhere after that Holden and Toyota might have to cave. We're talking 10-20 years, but the likelihood is quite high.
The economics is very interesting (even though my knowledge is vague these days)