Advertisement
Australia markets open in 7 hours 59 minutes
  • ALL ORDS

    7,862.30
    -147.10 (-1.84%)
     
  • AUD/USD

    0.6408
    -0.0037 (-0.57%)
     
  • ASX 200

    7,612.50
    -140.00 (-1.81%)
     
  • OIL

    85.48
    +0.07 (+0.08%)
     
  • GOLD

    2,400.80
    +17.80 (+0.75%)
     
  • Bitcoin AUD

    96,488.53
    -4,338.36 (-4.30%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

China hikes 'super car' tax in luxury crackdown

China imposes an extra 10 percent tax on super-luxury cars in a bid to rein in lavish spending and reduce emissions. David Pollard reports.