About 5.7 million car owners in Queensland will have their vehicle registration fees slashed as the state government attempts to drive down cost-of-living pressures.
Millions of car owners in Queensland can expect to see further cost-of-living relief with the state government announcing a new measure to"put money back in the pockets of Queensland ers".
The measure will include the registration fee and traffic improvement fee for all light vehicles – regardless of the cars use. The reduction will see a 12-month registration bill for a private use four-cylinder vehicle decrease by almost $85.Meanwhile, when it comes to vehicles registered on a pensioner concession, the reduction will be nearly $5 and registration fees will be reduced to $194.50.
The move is part of a $435 million investment by the state government included in the upcoming state budget. He said the measure builds on $1,000 energy rebates going to every Queensland household and 50 cent public transport, which are initiatives he was"proud" to deliver. While registration fees usually increase each year due to indexation, the freeze will mean there will be no increase to costs from July 1.The centrepiece of the plan is a controversial hydro pump project which was initially earmarked to cost $12 billion.
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