I found this on the torana forums (yes I am a closet torana fan

)
THE BOMB SQUAD
( article from "The Bulletin" magazine.)
"Old cars kill. Old cars pollute." These are the opening lines of the article and it would seem that the these are the two main concerns with old cars. A frightening aspect of their argument is that they determine an old car as one being ten years or older - basically pre unleaded. Australians, on average, drive the oldest fleet in the developed world and the scrappage rate of old cars is down to 3% a year. In the late 70's around 25% of the cars on the road were more than ten years old - today the figure is 55%. and it is growing at 2% per year. Most of the developed world has addressed this issue in one way or another (Steve reported in his Americana article a few issues ago how the Americans were dealing with it by introducing their Clunker Bill) but Australia has yet to take any action. I'm sure all our members and probably most Australians would like to see it stay that way. For our Government to introduce any such scheme in Australia would be fraught with political peril and would have "owners and some motoring associations screaming all the way to the ballot box" - damn right we would be
Further facts included in the article include
the chances of a fatality are twice as great in a car more than thirteen years old than in a car less than six years old
17% of road fatalities could be saved if older cars were as safe as newer cars most of the smog problems in cities like Melbourne and Sydney can now be traced to vehicles over ten years old because newer cars are more economical, Australia is consuming 17 billion litres of fuel a year more than it would if the average age of Australian cars was 8.1 years. (It is currently 10.1 years) half of Melbourne's pollution is caused by just 12% of cars despite all this only two states has annual emission and safety checks - NSW and the Northem Territory)
The Australian Government has avoided the issue and has placed the responsibility on the manufacturers through the application of Australian Design rules, ensuring safety and emission standards are met this way in the hope that slowly, the newer cars will replace the older ones on the road. This hasn't worked as new car sates have remained stagnant at about 470,000 per year for the last 20 years, obviously not keeping up with the population growth. Furthermore, the number of cars ten years older or more has risen from 1.4 million to well over 5 million. Most would probably agree with me when I say that a new car is simply out of reach financially for the majority. This can be partly attributed to the fact that sales tax on a new car has risen to 22% - maybe this is where the Government can make changes to make new cars more affordable.
Around the world, countries are taking different measures to get older cars off the road. These range from yearly inspections, which force most old cars off the road, to many countries like the USA, who pay owners of old cars to have them destroyed. California has phased out leaded petrol altogether since 1993 and there are huge fines for tampering with emission control equipment.
This is just some of the information from the article and the previous paragraph could be what could happen in the future in Australia, should the government decide to address the issue. Yearly inspections would mean the end to a lot of old cars on the road and it would mean that the cars we do own would have to be maintained to a high standard - in Japan they are so stringent that most over 5 years old do not pass. Yearly inspections would also see the end to a lot of street machines due to modifications not approved by engineers or the Authorities. This only emphasises the importance of building safe and legal cars. If you are planning on building a car now, it had better be a legal one because one day you may wake up to find the world not as it was when you went to bed. lf yearly inspections were the case, we'd have no choice.
hhmmmm thats CRAP