Quote Originally Posted by Cobber View Post
pity this doesn't happen now
I doubt most Australians would agree with you - if this had remained the same until today, the choice of cars would be far less than it is today, and the cost of all cars would be between 50 and 100% higher than at present. The way it worked was that there was a heavy import duty on imported cars and parts, but the duty reduced to low levels on parts if they were for a car with high levels of local content - and the screws got tighter each year.

John