The proposal would provide $340 million over 5 years to establish the Zero Emissions Communities program and fund 17 'Zero Emissions Communities' across the country's distribution network areas. This program would drive innovation and build social licence for the clean energy transition through supporting intensive electrification projects in targeted communities.

This proposal would be non-ongoing, distribute funding evenly over 5 years, include departmental costs within the cap and start on 1 July 2026.

The proposal would provide $340 million over 5 years to establish the Zero Emissions Communities program and fund 17 'Zero Emissions Communities' across the country's distribution network areas. This program would drive innovation and build social licence for the clean energy transition through supporting intensive electrification projects in targeted communities.

This proposal would be non-ongoing, distribute funding evenly over 5 years, include departmental costs within the cap and start on 1 July 2026.

The proposal would provide $340 million over 5 years to establish the Zero Emissions Communities program and fund 17 'Zero Emissions Communities' across the country's distribution network areas. This program would drive innovation and build social licence for the clean energy transition through supporting intensive electrification projects in targeted communities.

This proposal would be non-ongoing, distribute funding evenly over 5 years, include departmental costs within the cap and start on 1 July 2026.

The proposal includes 3 options to alter tax policy settings to promote electrification of rental properties, all starting 1 July 2024. 

Option 1
Allow owners of residential investment properties to write off the full cost of split system air conditioners (up to 20kW), heat pump water heaters and induction cooktops against their taxable income, where these have replaced equivalent gas appliances. This would replace the existing depreciation schedules for these items (currently 12 to 15 years).

The proposal includes 3 options to alter tax policy settings to promote electrification of rental properties, all starting 1 July 2024. 

Option 1
Allow owners of residential investment properties to write off the full cost of split system air conditioners (up to 20kW), heat pump water heaters and induction cooktops against their taxable income, where these have replaced equivalent gas appliances. This would replace the existing depreciation schedules for these items (currently 12 to 15 years).

The proposal includes 3 options to alter tax policy settings to promote electrification of rental properties, all starting 1 July 2024. 

Option 1
Allow owners of residential investment properties to write off the full cost of split system air conditioners (up to 20kW), heat pump water heaters and induction cooktops against their taxable income, where these have replaced equivalent gas appliances. This would replace the existing depreciation schedules for these items (currently 12 to 15 years).

The proposal includes 3 options to alter tax policy settings to promote electrification of rental properties, all starting 1 July 2024. 

Option 1
Allow owners of residential investment properties to write off the full cost of split system air conditioners (up to 20kW), heat pump water heaters and induction cooktops against their taxable income, where these have replaced equivalent gas appliances. This would replace the existing depreciation schedules for these items (currently 12 to 15 years).

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.