How two EV owners popped the hood on a billion-dollar High Court question
There are just over 83,000 electric vehicles on Australian roads, almost half of them bought in 2022.with the ACT already planning to ban the sale of new petrol cars in 2035.
But environmentalists and carmakers have sounded the horn on the policy. They say it’s a handbrake on Australia’s already slow uptake of low-emissions vehicles. Cars produce 9 per cent of Australia’s annual carbon emissions. Beck says the question has lain dormant until now: states have been less inclined to impose goods-related taxes since the federal government introduced a GST in 2000 – the states and territories get the revenue from this 10 per cent tax on goods and services. A Victorian win could clear the way for states to impose new taxes on the use of goods, he says. “It opens up potentially billions of dollars of additional revenue sources for the state.
The federal government collects about $12 billion in fuel excise every year, which covers about a third of the cost of maintaining the nation’s road networks, but that will rapidly disappear if Australia follows the rest of the world and shifts to EVs.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Commonwealth and Qld split $7b Olympics fundingThe Queensland government will have sole financial responsibility for building the $2.7 billion Olympic stadium as part of a $7 billion funding package for the 2032 Games.
Read more »
The bright side of interest rate rises | Fiona KatauskasWhy is everyone always all about ‘recessions’ and ‘ruining lives’?
Read more »
Australia power into T20 World Cup semis with another brutal performanceAustralia has marched into the semi-finals of the T20WorldCup with a six-wicket win over hosts South Africa, sparked by Tahlia McGrath’s 33-ball 57 and Georgia Wareham’s 2-18. 7NEWS
Read more »
Why Silicon Valley’s top women are heading for the exitThe resignation of YouTube chief Susan Wojcicki is part of an unsettling trend at tech companies in the United States.
Read more »
Why this woman wants other LGBTIQ+ people to receive equal treatment for cancerVeteran TV and radio broadcaster Julie McCrossin has a personal experience with cancer. She says a new 'world-leading' resource can help other members of the LGBTIQ+ community living with the illness.
Read more »
Why your next apartment might come with an EV included in the dealImagine having access to an electric vehicle, bike or scooter wherever you go - work, home, hotels. That’s the vision of start-up Ohmie Go.
Read more »