Squiz Shortcuts: Are EVs about to get more expensive?
Become a Squiz Supporter here. In late October, the government introduced a new bill into the parliament to wind back a tax break for electric vehicles. It comes at a time when Australians are buying up EVs in record numbers - and many of them have used exactly that tax break to do it. So in this Squiz Shortcut, we’ll look at what the EV tax break actually is, why it’s being cut back, and what might happen next. Squiz Recommends: Reading: This NRMA story will get you across the EV incentives available in Australia Reading: This story in the Australian Financial Review (paywall) looks at the pressure building on Treasurer Jim Chalmers to cut the EV subsidy. Stockland helping give you an understanding of the property market. Presented by Andrew Williams and Larissa Huntington Researched by Andrew Williams Got a suggestion for a Squiz Shortcut topic? We'd love to hear it - email us at [email protected] Squiz Shortcuts is your back story to the big news stories… Want the email version? Sign up for the free Shortcuts newsletter here.