Smartgroup, Australia’s leading salary packaging and novated leasing provider, welcomes the government’s decision to maintain the Electric Car Discount for another year, followed by a sensible phased continuation of the policy.
The statutory review released alongside the announcement confirms the policy is making a significant difference to electric vehicle uptake in Australia, particularly for people living in outer suburban areas.
Many Smartgroup customers are nurses, teachers, not-for-profit workers and other everyday Australians who use the policy to reduce the financial barrier to getting into an electric vehicle.
At a time when household budgets remain under pressure, the Electric Car Discount is also helping families manage the rising cost of fuel, particularly those who commute long distances each day and are now doing so in an EV.
The decision also provides important certainty for the charging industry, supporting further investment in Australia’s charging infrastructure and helping build the network needed for broader EV adoption.
Media contact: Michael Fairbairn 0448 524 731