TACC news

New Wages Guides - 1 July 2024

27 June 2024

Members were notified on 3 June 2024 that a decision of the Fair Work Commission (FWC) awarded an increase to modern award minimum wages of 3.75%. Proportionate increases will also flow on to junior employees and employees to whom training arrangements apply (apprentices and trainees).

Luxury Car Tax Thresholds 2024-2025

11 June 2024

The Australian Taxation Office (ATO) has advised that the Luxury Car Tax (LCT) threshold for application of LCT will rise from the 2023-2024 financial year threshold of $76,950 to an indexed threshold figure of $80,567 for the financial year 2024-2025.

 

Key updates on Vehicle Standards Bulletin 6 - Modification Code J4 – Tipper bodies

05 June 2024

This week the Commercial Vehicle Industry Association of Victoria (CVIAV), along with the Commercial Vehicle Industry Association of Australia (CVIAA) and the Heavy Vehicle Industry Australia (HVIA) met with the National Heavy Vehicle Regulator to work through industry feedback provided on the proposed VSB6 – Modification Code J4 - Tipper bodies (the J4 Code).