Anthony Albanese's Big Plan to Stop Australians Driving a Petrol/Diesel Car
Anthony Albanese will propose regulations to promote the use of electric vehicles, but he will not institute a ban on diesel and petrol automobiles.
The Labor Party expects that by 2030, 89 percent of new car sales will be electric as part of its strategy to combat global warming.
The new administration will also make it easier for drivers to charge electric vehicles by adding hundreds of new charging stations, allowing them to drive long distances with ease.
Although the upfront cost of buying an electric vehicle deters a lot of potential consumers, they are far less expensive to run than petrol cars and will save customers money in the long run.
Mr Albanese intends to have 3.8 million electric cars on the road by 2030 by making them more affordable and convenient.
A nationwide electric vehicle policy is part of Labor's climate agenda.
Electric automobiles will be free from a 5% import tariff, lowering the cost of a $40,000 vehicle by $2,000 on average.
They will also be exempt from the fringe benefits tax, which will encourage employers to provide electric vehicles to their workers.
For a $50,000 car, the difference may save you up to $8,700.
The tax cut will take effect on July 1st of this year and will be reassessed every three years thereafter.