Found this in the Budget Highlights for Financial Year
2005/2006, any idea how this is going to affect car owners?
Motor-Vehicle Related Revenues
Motor-Vehicle Related Taxes (namely, the Additional Registration
Fee or ARF), and receipts from Vehicle Quota Premiums (i.e. the
Certificate of Entitlement or COE premiums) are expected to be $370
million (21%) and $680 million (31%) lower than Budget 2004
estimates respectively. This was due mainly to higher
deregistration and correspondingly higher Preferential ARF (PARF)
and COE rebates, which dampened the increase in motor-vehicle
related revenues from new car registrations.
