Other issues, such as EV supply and fuel standards, need to be addressed first and the cost of the measure – $205 million over four years – “is not warranted” given the “small number of vehicles” that will take advantage.
In its Senate submission on the policy, the IPA said that although the FBT initiative was an election promise, “from a sustainability perspective it will have less impact than many of the alternatives that the government has under its control” and would be more effective once other “constraints were less influential”.
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