Abolish family car and ute tax

Summary of proposal

The proposal would remove penalties for vehicle manufacturers that fail to meet the vehicle emissions targets set out in the New Vehicle Efficiency Standard Act 2024.

The proposal would be ongoing and start from 1 July 2025.

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Abolish family car and ute tax

Summary of proposal

The proposal would remove penalties for vehicle manufacturers that fail to meet the vehicle emissions targets set out in the New Vehicle Efficiency Standard Act 2024.

The proposal would be ongoing and start from 1 July 2025.

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Climate change and energy – publicly owned fast-charging network

Summary of proposal

The proposal would provide $2 billion in equity funding over 2 years to the Commonwealth Electricity Corporation to roll out a publicly owned fast charge Electric Vehicle (EV) network complimenting existing commercial and state funded programs.

The proposal would be non-going, distribute funding evenly over 2 years and start on 1 July 2025.

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Climate change and energy – publicly owned fast-charging network

Summary of proposal

The proposal would provide $2 billion in equity funding over 2 years to the Commonwealth Electricity Corporation to roll out a publicly owned fast charge Electric Vehicle (EV) network complimenting existing commercial and state funded programs.

The proposal would be non-going, distribute funding evenly over 2 years and start on 1 July 2025.

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Climate change and energy – electric vehicle rebates

Summary of proposal

The proposal would provide financial assistance for first-time buyers of electric vehicles (EVs).

Each individual would only be eligible for 1 rebate, with a register to be kept by the Clean Energy Regulator (CER). Businesses would not be eligible for the rebate.

The rebate would be available to the first 2.5 million buyers of eligible vehicles, and the value of the rebate would decline over time, as per the table below.

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Tax breaks for electric vehicle – reverse

Summary of proposal

The proposal would reverse the tax breaks for electric vehicles (EV).

The proposal would be ongoing and start on 1 July 2025.

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Tax breaks for electric vehicle – reverse

Summary of proposal

The proposal would reverse the tax breaks for electric vehicles (EV).

The proposal would be ongoing and start on 1 July 2025.

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Climate change and energy – Phase out thermal coal exports by 2030 and levy all coal exports

Summary of proposal

The proposal would:

  • phase out the export of thermal coal
  • require tradeable permits to export coal
  • place a levy on all coal exports.

Component 1 – Thermal coal

The policy will place an export cap on thermal coal exports, using tradable permits issued by the Commonwealth to decrease the maximum allowable annual thermal coal exports from 200 million tonnes in 2025 to 0 tonnes by 1 July 2030.

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Climate change and energy – Phase out thermal coal exports by 2030 and levy all coal exports

Summary of proposal

The proposal would:

  • phase out the export of thermal coal
  • require tradeable permits to export coal
  • place a levy on all coal exports.

Component 1 – Thermal coal

The policy will place an export cap on thermal coal exports, using tradable permits issued by the Commonwealth to decrease the maximum allowable annual thermal coal exports from 200 million tonnes in 2025 to 0 tonnes by 1 July 2030.

Read more

Climate change and energy – Phase out thermal coal exports by 2030 and levy all coal exports

Summary of proposal

The proposal would:

  • phase out the export of thermal coal
  • require tradeable permits to export coal
  • place a levy on all coal exports.

Component 1 – Thermal coal

The policy will place an export cap on thermal coal exports, using tradable permits issued by the Commonwealth to decrease the maximum allowable annual thermal coal exports from 200 million tonnes in 2025 to 0 tonnes by 1 July 2030.

Read more