EVs to cost more under a Coalition government, after Dutton’s apparent backflip on popular tax break

Polestar says Dutton’s move shows ‘a complete lack of understanding of the significant cost-of-living, climate and health benefits of EVs’Election 2025 live updates: Australia federal election campaignPolls tracker; election guide; full federal election coverageAnywhere but Canberra; interactive electorates guideListen to the latest episode of our new narrative podcast series: GinaGet our afternoon election email, free app or daily news podcastElectric vehicles would cost more under a Coalition government, after Peter Dutton confirmed he would scrap a popular tax break for EV drivers in an apparent backflip that has caused confusion and anger among clean car advocates.The initiative, which was introduced by the Albanese government in 2022, has meant if a person buys an EV priced under $91,387 through a novated lease program via their employer (when a lease is paid off through pre-taxed salary deductions) they do not have to pay fringe benefits tax (FBT) – even if the car is only for personal use.Sign up for the Afternoon Update: Election 2025 email newsletter Continue reading...

Apr 24, 2025 - 08:35

EVs to cost more under a Coalition government, after Dutton’s apparent backflip on popular tax break

Polestar says Dutton’s move shows ‘a complete lack of understanding of the significant cost-of-living, climate and health benefits of EVs’

Electric vehicles would cost more under a Coalition government, after Peter Dutton confirmed he would scrap a popular tax break for EV drivers in an apparent backflip that has caused confusion and anger among clean car advocates.

The initiative, which was introduced by the Albanese government in 2022, has meant if a person buys an EV priced under $91,387 through a novated lease program via their employer (when a lease is paid off through pre-taxed salary deductions) they do not have to pay fringe benefits tax (FBT) – even if the car is only for personal use.