by AMALYAH HART
The Labor Government launched its first ever electrical vehicle strategy in September 2022. Dubbed 'Driving the Nation', the new policy includes a $500 million investment in a national charging network, and tax cuts for purchases.
Looking to the states, the NSW Government now offers a $3000 rebate for the first 25,000 EVs sold under $68,750. The government says this move, along with the abolition of stamp duty, will save EV purchasers up to $5,540, and help drive uptake.
Over in Victoria, Dan Andrews' Labor government is offering a $3000 subsidy for the first 20,000 EVs sold under $68,740. Victorians will also benefit from reduced stamp duty rates if they drive EVs, as well as a $100 discount on rego annually.
Queensland residents can benefit from a $3000 rebate for new BEVs up to $58,000 on 15,000 cars. Queensland EV drivers will also enjoy lower stamp duty rates and lower rego at just $263 a year.
The ACT boasts a range of incentives: ACT drivers can get up to $15,000 in interest-free loans, and two years' free rego for EVs. Older EVs are eligible for 20% off rego fees, and stamp duty may be waived on new vehicles.
Territorians looking to switch to EVs will benefit from cheaper rego and stamp duty, with stamp duty reduced by a whopping $1500. Businesses and homes can also apply for grants for EV chargers to be installed.
Tasmanians can get two years' free stamp duty for new and second-hand EVs as of July 1 2021. Car rental companies and coach operators, meanwhile, will get two years' free rego on EVs purchased.
WA's EV drivers can get $3,500 off newly purchased vehicles until 2025. The rebate is available for the first 10,000 registered vehicles.