Electric car tax breaks could cost Australia $23.4 billion by 2036, Parliamentary modelling shows

Australia’s suite of electric-vehicle tax incentives is forecast to cost taxpayers $23.4 billion over the next 11 years, according to Parliamentary Budget Office (PBO) modelling published in June and reported by the Australian Financial Review. The projected bill rises from an estimated $285 million this financial year to $4.25 billion by 2035-36, underscoring the scale […]