Breakdown of government incentives across Australia
Guide
Updated 9/01/2024.
State by state breakdown of available incentives, simplified.
Each state has its own goals for when it will be going fully electric and sets their own rebates/incentives to do this. The Fringe benefit Tax is waived for all ZEV, PHEV and HEVs in Australia, provided they meet the eligible criteria.
New South Wales - NSW
- Eligible low - or zero-emission vehicles first registered and used after 1 July 2022 are exempt from fringe benefits tax (FBT).
As of 1st January 2024, there are no other rebates available in NSW.
Northern Teritory - NT
From 1 July 2022 to 30 June 2027, the NT Government will waive:
- Stamp duty fees for the sale of plug-in EVs up to $50,000 - providing a saving of up to $1,500
- The registration fee when you register your EV - providing an annual $91 saving:
- Motor Accidents Compensation and third party insurance still applies.
- Eligible low - or zero-emission vehicles first registered and used after 1 July 2022 are exempt from fringe benefits tax (FBT).
From 1 July 2022, the Electric Vehicle Charger (Residential and Business) Grants Scheme will be available to owners of EVs to buy and install EV chargers.
- This includes 100 residential grants of $1,000 and 80 business grants of $2,500, with a total of $300,000 being committed.
To find out more, go to the NT Government website.
Victoria - VIC
- Eligible low - or zero-emission vehicles first registered and used after 1 July 2022 are exempt from fringe benefits tax (FBT).
Queensland - QLD
- Eligible low - or zero-emission vehicles first registered and used after 1 July 2022 are exempt from fringe benefits tax (FBT).
To be eligible for a $3,000 rebate you must:
- have purchased a new eligible ZEV up to a dutiable value of $68,000 (including GST) on or after 21 April 2023; or
- have purchased a new eligible ZEV up to the original dutiable value of $58,000 (including GST) between 16 March 2022 and 20 April 2023
To be eligible for a $6,000 rebate you must:
- have purchased a new eligible ZEV up to the dutiable value of $68,000 (including GST) on or after 21 April 2023 and have a total household taxable income equal to or less than $180,000 per annum; or
- have purchased a new eligible ZEV up to the dutiable value of $58,000 (including GST) between 16 March 2022 and 20 April 2023 and have a total household taxable income equal to or less than $180,000 per annum.
- There are no rebates in QLD for Hybrid cars.
- Appy for the QLD rebate here.
For more information, please visit the Qrida governments page, here.
South Australia - SA
- 3-year registration fee exemption on eligible new BEVs valued $68,750 (including GST) or below.
- Eligible low - or zero-emission vehicles first registered and used after 1 July 2022 are exempt from fringe benefits tax (FBT).
- There are no rebates for used electric or new/used Hybrid vehicles.
- Apply for the SA rebate here.
For more information, please visit the SA treasury page, here.
Western Australia - WA
- $3,500 rebate for new BEVs with a dutiable value of $70,000 or less - Hybrids are not included in this rebate.
- Eligible low - or zero-emission vehicles first registered and used after 1 July 2022 are exempt from fringe benefits tax (FBT).
For more information, and to apply for the rebate, please visit the WA transport page, here.
Tasmania
- Eligible low - or zero-emission vehicles first registered and used after 1 July 2022 are exempt from fringe benefits tax (FBT).
There are currently no subsidies or incentives for EVs/Hybrids in Tasmania.
Australian Capital Territory - ACT
- Free stamp duty on new/used ZEV, PHEVs and HEVs purchased on or after 1 August 2022
- 2 years free registration on new/used ZEVs (applied at point of registration) acquired between 24 May 2021 and 30 June 2024
- Hybrid (HEVs) with emissions of no more than 130g/km get a 20% discount on registration fees for up to 12 months for the first registration between 1 July 2023 and 30 June 2024
- Eligible households can access up to $15,000 to buy a ZEV or home charger under the Sustainable Household Scheme zero interest loans.
- Eligible low - or zero-emission vehicles first registered and used after 1 July 2022 are exempt from fringe benefits tax (FBT).
For more information, please visit Access Canberra, here.
Commonly used terms in this article
- ZEV (Zero Emissions Vehicle)
- PHEV (Plug-in Hybrid Electric Vehicle)
- HEV (Hybrid Electric Vehicle)
- BEV (Battery Electric Vehicle)
- (FCEVs) Hydrogen fuel cell electric vehicles
- (EV) Electric Vehicle
- Dutiable value - this is the cost of the vehicle (including any add ons like towbar) + delivery + the GST of the vehicle and delivery