A road user charge will apply to eligible EVs from 1 July 2027 or when EVs make up 30 per cent of all new vehicle sales, whichever comes first. Plug-in hybrid EVs will be charged a fixed 80 per cent proportion of the full road user charge to reflect their vehicle type.
But just to prove that a government can give with one hand and take away with the other, from July 1, 2027, all EV owners will have to pay a road-user charge of 2.5 cents per kilometre (indexed to CPI).
Electric vehicles and some low emission petrol-electric hybrid vehicles receive a concession on motor vehicle tax. There's a small discount on registration costs depending on the tare weight of your car and whether you use it for business or private purposes.
Incentives & Exemptions
Additionally, electric vehicles are exempt from the “luxury vehicle” rate of stamp duty, paying a flat rate of $8.40 per $200 of market value. All electric vehicles also receive a $100 annual discount on vehicle registration.
The levy, introduced in Victoria in July 2021, charges road users based on how much they travel. Depending on the type of car, drivers can be charged about 2 cents per kilometre, which must be declared by the owner after the annual registration period.
Victorian residents and businesses purchasing an EV will be eligible for: $3,000 subsidy for the first 20,000 battery electric vehicles (BEVs) or fuel cell electric vehicles (FCEVs) sold that are priced under $68,740 (RRP plus delivery charge and optional extras) – available through participating car dealers only.
The new rate is charged for distances travelled by ZLEVs in the 2022-23 financial year. All road use prior to 1 July 2022 will be charged at the current 2021-22 rate of 2.5 cents/km for BEVs (battery electric vehicles) and 2.0 cents/km for PHEVs (plug-in hybrid vehicles).
Local Registration Costs (anywhere from $204 in NT to $773 in VIC) Local CTP (anywhere from $598 in NSW to $318 in TAS) Local Stamp Duty (depends on the price of the base cost and which state you live in)
The basics. The Luxury Car Tax (LCT) is paid by dealerships for importing and supplying cars over a certain value. LCT is (currently) a 33% tax on the amount over a specified car price and was introduced to discourage customers from flocking to imported cars.
As part of the the NSW Government incentive, eligible new or used battery electric and hydrogen fuel cell light vehicles that cost up to $78,000 (dutiable value) are exempt from stamp duty. This will put up to $3,000 back into the pocket of EV purchasers.
Ultimately, it's up to you. At the moment you have a choice of petrol, diesel, EV or hybrid — but the lower demand for EVs means there are less available and therefore more expensive up-front. Long-term, however, EVs prove to be sustainable financially and, of course, environmentally.
Electric vehicle market share was 4% in New South Wales and Victoria and slightly more than 3% in Queensland in 2022, but just 1% in the Northern Territory.
Electric vehicles and some low emission petrol-electric hybrid vehicles receive a concession on motor vehicle tax. The discount is automatically applied when you register your car.
The Zero- and Low-Emissions Vehicle (ZLEV) levy mandates owners of electric cars pay 2.6 cents for every kilometre driven, while plug-in hybrid owners must pay 2.1 cents per kilometres – regardless of whether they were driving on battery or petrol power.
The Road User Charge (RUC) applies to each litre of diesel used by heavy vehicles such as buses, coaches and trucks on public roads. Ministers approved an increase in the RUC by 2.75 per cent per litre to apply in 2022-23. The current RUC is 27.2 cents per litre. The RUC is set out in the Fuel Tax Act 2006.
The Luxury Car Tax (LCT) is a tax within the Australian taxation system, collected by the Australian Taxation Office on behalf of the Australian Government. It began on 1 July 2001, having been brought in by the John Howard Coalition government.
Luxury car tax (LCT) is a tax on cars that have a GST-inclusive value above the LCT threshold. LCT is: imposed at the rate of 33% on the amount above the luxury car threshold. paid by businesses that sell or import luxury cars (dealers), and by individuals who import luxury cars.
According to our research, it costs around $67,623 to own a Tesla for 5 years, or around $13,000 to $15,000 per year. This estimate includes the original cost of the Tesla (or your financing payments), the depreciation of the Tesla, maintenance, and “fuel” costs.
Tesla order holders have had to wait up to 12 months to receive a Tesla Model 3. That's now changed with Tesla Model 3 inventory being available for immediate delivery to all states and territories. This means that Australia's best-selling EV, the Tesla Model 3 can be reserved and delivered in a couple of days.
Unlike most other manufacturers, Tesla doesn't do discounts and doesn't allow customers to negotiate on prices. Some manufacturers in Australia are moving to this model, namely Honda and Mercedes-Benz.
Yes. Man y public EV charging stations in the ACT and across Australia offer free charging. Free EV chargers tend to be the slower AC chargers. You are most likely to find free chargers in public car parks where the only cost will be the standard fee to park your car.
All mass-produced electric vehicles today include a 110-volt-compatible (Level 1) charging unit which is able to be plugged into any standard 110v household outlet. The downside of EV charging with a 110v outlet is that it takes a while.
Most manufacturers have a five to eight-year warranty on their battery. However, the current prediction is that an electric car battery will last from 10 – 20 years before they need to be replaced.
About the program
$1,000 towards the cost of an energy-efficient reverse-cycle air conditioner. $200 towards the cost of decommissioning an outdated gas heater (if an existing gas heater is being replaced), and.