When the discount became law in 2022, the terms of the Act stated that a review would occur by March 2027 to understand how successful it had been. Key factors the government are considering include cost, and uptake versus expectations. The review will examine:
- The role of the electric car discount in supporting early adoption of electric vehicles.
- Whether concessions are still required for EV adoption.
- Whether current settings will be altered (for example, whether FBT exemptions will be tightened, or limited to certain vehicle types or values)
EV Novated Leasing
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