Labor Government Loads up Tax Sweeteners for Aussies to Buy EVs

Labor Government Loads up Tax Sweeteners for Aussies to Buy EVs
A new Tesla car is seen during the official opening of the new Tesla electric car manufacturing plant in Gruenheide, Germany on March 22, 2022. Christian Marquardt - Pool/Getty Images
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Australian federal Treasurer Jim Chalmers hopes to introduce a swathe of tax incentives—similar to some state governments—to help spur electric vehicle (EVs) sales in the country.

It comes as the Labor Party puts forward legislation on the first day of Parliament, July 27, to enshrine a hard emissions reduction target of 43 percent by 2030.

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