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Australia's EV Financing Hits $7.37 Billion in 2025
Potential Policy Changes Pose Challenges to Sustained Growth
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The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
In 2025, Australia's electric and hybrid vehicle financing reached a remarkable $7.37 billion, marking a 20% increase from the previous year.
This surge reflects the growing consumer shift towards cleaner transportation options.
However, the potential removal of the Fringe Benefits Tax (FBT) exemption, known as the Electric Car Discount, threatens to stall this momentum.
Recent polling indicates that over one-third of Australians would be less inclined to purchase an electric vehicle if this exemption were withdrawn.
As the nation strives to reduce emissions from the transport sector, maintaining supportive policies is crucial to sustaining the adoption of electric vehicles.
Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.
Refinancing a fixed-rate mortgage can offer Australian homeowners opportunities to secure better loan terms or access additional features. However, it's crucial to understand the potential break costs associated with ending a fixed-rate loan prematurely. - read more
As of 2026, Australian homeowners are presented with competitive mortgage refinance interest rates, making it an opportune time to consider refinancing. With the Reserve Bank of Australia adjusting the cash rate earlier this year, many lenders are offering refinance options starting in the low 5% per annum range for well-qualified applicants. - read more
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