Improved confidence from Australian consumers and a tax deduction for businesses are reflected in increased passenger vehicle sales.

The Australian Bureau of Statistics reports that new passenger vehicle sales increased for the fifth month in a row in August, to 45,543 vehicles, a 10% rise since March.

Analysts suggest that the 30 June deadline for businesses to claim a 30% tax deduction for new assets purchased, fuelled much of the sales activity. 

Small business can still claim a 50% tax deduction for eligible assets purchased up to 31 December, so an additional sales peak for business vehicles should occur up to that time.

There have been falls in the number of sales of sports utility and other vehicles in recent months.

As the economic recovery in Australia develops, businesses are buying assets with the motivation of the tax break. It’s anticipated that sales will fall from January 2010 when that benefit has expired. 

One of the AussieWeb group, AussieWeb Conversion www.aussiewebconversion.com 
is working with Google to improve motor vehicle sales by using Google AdWords with the specific information of individual vehicles. This will assist buyers and provide motor vehicle dealers with a source of prospects which is much less expensive that the traditional channels. 

We help all Australian small businesses with our Local Search facility by providing prospects to the 1.2 million businesses listed in our Australian Business Directory, with no cost to them. The vast majority of businesses listed are small.

 

Monte Huebsch, CEO