The Labor Government's unfair tax on family cars, utes and hybrids commences today (1 July) which will add up to $17,000 to the cost of new petrol and diesel fuelled cars by 2029.
Federal Member for Flynn, Colin Boyce said Central Queensland families and small businesses will start paying Labor's tax every time they buy a new car.
"This is an unfair Labor tax on families in the midst of a cost-of-living crisis, who need to buy a car to meet their needs or small businesses looking to invest in a new car to grow their business," Mr Boyce said.
"The Labor Government's car and ute tax will drive up the price of new and second-hand cars and make life harder for Australian families to get the vehicles they need.
"Labor's tax reduces choice for Australians by taxing families and business who don't want to or can't purchase an EV. "
Mr Boyce said Labor's new car and ute tax will further entrench the tax inequity between those who can afford to buy or are given a company car to drive, and those forced by work, location or circumstance to use petrol, diesel and hybrid cars.
"EV drivers are able to opt out of paying fuel excise used to fix and maintain the roads they drive on, while everyone else is taxed when they fill up at the bowser as well as hit with Labor's hefty tax when they buy a new car," Mr Boyce said.
"Labor's tax is estimated to add up to $7,400 to the cost of a Ford Ranger in 2026 and up to $14,400 by 2029.
"The popular RAV4 hybrid family vehicle will incur almost $5,000 additional cost by 2029 as a result of Labor's tax.
"The Coalition opposed Labor's car and ute tax because we know Australians do not want the Government in Canberra dictating what vehicles they should buy."
