Weekend Gold Coast Bulletin

State joins superyacht charter war

- LEXIE CARTWRIGHT

STATE Treasurer Curtis Pitt has called on the Federal Government to relax stiff rules on foreign superyacht­s running charters in Australia.

The superyacht lobby believes the rules are holding back growth of the industry.

Mr Pitt has written to Trade, Tourism and Investment Minister Steven Ciobo, urging him to ease the restrictio­ns which could lead to an increase in visits by foreign superyacht­s and create jobs in Queensland.

The Bulletin revealed last month the Coast was potentiall­y missing out on up to $100,000 a week from each visiting foreign superyacht.

Foreign superyacht­s must pay the 10 per cent GST on the value of the vessel if they are chartered locally.

In contrast, New Zealand, Tahiti and Fiji charge significan­tly less, requiring GST to be paid on only the charter fee.

Gold Coast charter firms and marina bosses said the GST hurdle was the single biggest inhibitor to more superyacht­s visiting to the country.

“These restrictio­ns appear to be causing foreign superyacht­s to overlook Australia and instead visit other countries with more flexible chartering arrangemen­ts,” Mr Pitt said. IF you see this car cruising around the Gold Coast this weekend, take a decent look because it is the only one in Australia.

The new McLaren 570GT, the third piece in the McLaren Sports Series puzzle, has just zoomed into the Coast from London and could be yours for a cool $438,000.

The sexy metallic purple beast is being billed as a supercar for weekends away, with leather-trimmed touring deck to accommodat­e luggage, a panoramic roof and a seven-speed gearbox that drives the rear wheels to a top speed of 328km/h.

In what will appeal to revheads, the car can go from zero to 100km/h in just 3.4 seconds, making it one of the fastest road cars on the market today.

Dealer Corey Arps, from McLaren Gold Coast, said the 570GT was one of the most stunning cars he had seen unveiled by the British automotive manufactur­er.

“The GT is designed to be the most luxurious and relaxing of any McLaren to date,” Mr Arps said.

“Unlike the previous two sport series models, the GT is more targeted towards longer journeys and weekends away.”

 ?? Picture: JERAD WILLIAMS ?? Corey Arps with the new McLaren 570GT which is up for a weekend away as well as a blast on the track.
Picture: JERAD WILLIAMS Corey Arps with the new McLaren 570GT which is up for a weekend away as well as a blast on the track.

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