Electric car workers promise tax exemption

The Federal Opposition Labor Party of Australia announced on March 31 an election promise that imported electric vehicles (EVs) will no longer be subject to import tariffs and fringe benefits taxes (FBT).

Among the workers’ people MeetingOpponents have promised that non-luxury EVs, that is, EVs under about $ 77,565 (US $ 59,178), will be exempt from 5% import tax and 47% FBT for electric vehicles if elected. Work for private use.

More specifically, a $ 50,000 car can save about $ 2,000 without tariffs and could be an additional $ 9,000 cheaper if supplied by an employer.

Federal Independent Parliamentarian Craig Kelly Post Facebook It did not take into account the fundamental economic consequences of tax cuts.

“The’tax cut’of electric vehicles only increases the tax burden elsewhere in the economy,” Kelly said.

Epoch Times Photo
Congressman Craig Kelly is seen before addressing the media on March 16, 2021 in the mural hall of the Capitol in Canberra, Australia. (Photo courtesy of Sam Mooy / Getty Images)

Kelly pointed out that this decision would be detrimental to workers who couldn’t afford expensive electric cars.according to caradvice.com.auThere are no EVs available in Australia for less than $ 43,000, and only five cars are cheaper than $ 64,000.

The proposal is not the first impetus for the union’s EV, and former leader Bill Schoten plans to turn 50% of all new car sales into electric vehicles by 2030. Proposed a stricter electric vehicle policy.

This decision has been criticized by some, including Angus Taylor, Minister of Energy and Emissions Reduction. Media release The move was well thought out and was based on “reckless” emission targets.

“Rapidly increasing the number of electric vehicles on the road requires plans to invest billions of dollars in charging stations and support infrastructure,” Taylor said.

Independent modeling also showed that the 2019 proposal would increase the cost of new cars by up to $ 5,000, according to Taylor.

However, workers’ federal and state policies on electric vehicles vary, and the Victorian Labor government proposed a new tax on electric vehicles on early March 17.

Treasurer Tim Pallas said the revenue, which could cost electric vehicle owners $ 330 a year and hybrid vehicle owners about $ 260 a year, builds the charging infrastructure for electric vehicles. He said it would be used to maintain the state’s road network.

The Victorian Labor government was also criticized in March for failing to meet its election promises and promised to help create an electric truck manufacturing facility after the Hazelwood coal-fired power plant was closed. 750 jobs.

Epoch Times Photo
Workers will leave the Hazelwood power plant after the final shift to Hazelwood, Australia on March 31, 2017. About 750 workers were unemployed after the factory was closed. (Scott Barber / Getty Images)

During discussions of the Legislative Council (pdfOn March 17, Victorian Parliamentarian Melina Bas called “breaking promises” “total disappointment.”

“In 2018, prior to the election, the government announced that SEA Electric would bring 500 new jobs to the region and produce 2,400 cars a year,” said Bath.

“And two and a half years later, what are we looking at today? There are no jobs, and in reality, there are no job prospects for 500 people,” she added.

According to Mr. Bath, electric truck manufacturer SEA Electric is likely to go elsewhere or abroad because it was “extremely dissatisfied with the delay and slow progress” of the Victorian Labor administration. is.