Government EV schemes across Australia

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To keep track of and learn more about new EV schemes, you can check out our State by State Guide to EV Charging Subsidies and Support.

Soaring petrol prices aren’t the only financial incentives for moving to electric vehicles. Government incentives and subsidies across all of Australia’s states and territories have been brought in to incentivise moving to renewable energy vehicles.

July 2021 cemented Australia’s move to adopting more electric vehicles (EVs) with the Northern Territory being the last state or territory to offer incentives for purchasing electric vehicles. Below, you’ll find the EV incentives currently available across Australia:

Federal EV Incentives

The federal government’s only incentive is currently that vehicles that fall below an emission threshold will not be considered a luxury vehicle until a higher pricing threshold is reached. With the price threshold difference being $10,507, for 2021-2022 fuel-efficient cars such as EVs must be $79,659. The luxury car tax makes every dollar over the limit incur a $0.33 fee meaning that higher end EVs are saving up to $3467.

New South Wales EV Incentives

New South Wales has multiple incentives which according to the NSW Government may save individuals up to $5,540. The abolishing of stamp duty for EVs up to $78,000 (dutiable value), can potentially save motorists $3,000. Furthermore, there is a $3,000 rebate currently offered for the first 25,000 new battery-electric and fuel-cell EVs under $68,750.

The NSW Government has also dedicated $171 million for infrastructure funding aiming to make NSW roads completely EV ready in the next four years. The aim is to have EV chargers every 5km along major commuting corridors, 100km along every major highway and within 5km of residential areas with limited parking.

Victoria EV Incentives

The Victorian Government has a $3,000 subsidy that applies immediately upon purchase of any zero-emission vehicle (ZEV). This includes battery electric and fuel cell electric vehicles. The subsidy will also only be available for the first 20,000 cars that are less than $68,740.

They have also dedicated $20 million for ZEV public buses, and $19 million to help subsidise and accelerate EV charger rollout throughout the state.

Queensland EV Incentives

Subsidies of $3,000 are available for ZEV below $58,000 with vehicle registration and registration duty costs continuing to be discounted by the Queensland Government.

They have also pledged $10 million to help co-fund public EV chargers across Queensland.

Western Australia EV Incentives

The Western Australian Government currently has no direct EV subsidies but are instead investing $21 million towards establishing a fast-charging network. Currently, there are plans for 45 new charging locations to be installed throughout WA by January 2024.

South Australia EV Incentives

The South Australia Government has introduced multiple subsidies including a 3-year registration fee exemption for new ZEVs for vehicles first registered up until 30 June 2025. Furthermore, there is a $138 rebate on the first year’s registration charge. The first 7,000 ZEVs will also see a $3,000 subsidy if registered following the 28th of October 2021. All these subsidies are available for cars below $68,750.

The SA government has also introduced EV charging incentives for households. The first 7,500 households can receive a subsidy of up to $2,000 for installing a home charger. There are 2 main categories for this incentive minimum and integrated system with minimum – limiting the subsidy to $500.

Tasmania EV Incentives

The Tasmanian Government has introduced the removal of stamp duty for 2 years for motorists for all ZEVs. The main aim of the TAS Government however is their ChargeSmart Grants. These grants offered $600,000 in their first round and the second round is now offering up to $50,000 for DC public fast chargers and up to $2,500 for AC destination chargers across the state. Hence the Tasmanian Government has put a heavy focus on building EV infrastructure across the state.

ACT EV Incentives

The Australian Capital Territory has a multitude of incentives for ZEV purchases including a stamp duty exemption on new cars and two years of free registration. For EV charging they also offer a zero-interest loan of $2,000 to $15,000 to eligible ACT households. The government itself has also pledged to install 50 public charging stations across the state following commitments made in the ACT Budget 2020-2021.

Northern Territory EV Incentives

The Northern Territory Government will soon introduce financial incentives for EV purchases. The main incentives are set to begin in July 2022 with the removal of stamp duty and 2 free years of registration. Furthermore, there will also be the option of a zero-interest loan of $15,000 on battery electric vehicles up to the threshold of a luxury electric vehicle.

There has also been a pledge to develop a grant program for home, workplace and public EV charging across the state.

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