PS: And as usual, Moorookamick provides the evidence rather than...

First 547 Last

Share
Profile

Follow
moorookamick

23,941 Posts.

770

10/12/23

09:40

Post #: 71367836
Share

Originally posted by moorookamick: ↑

Muddie, you must be getting desperate when you resort to the Biblical.
You have to realise that cars/car ownership costs are mostly government
controlled:
-import duties (not applicable to FTA countries)
-GST
-Rego fees
-petrol & Diesel excise + GST
-tax concessions#
-road tolls
-etc etc etc.

At present the Government's objective is to have 50/50 EVs/vs ICEs by 2030 in new sales
and to phase out ICEs entirely by 2050 and that will be implemented by the government
carrot/stick strategy.......cripple the ICEs with tax and offer tax concessions to the EVs
while maintaining consistent revenue to support transport infrastructure.

What does this mean for buyers of new cars ?
Well unless there are massive tax advantages in buying a new ICE now, buyers will
have to account for the likely hyper depreciation of an expensive ICE between
now and 2030 and the probable massive hike in fuel costs

All IMO only and buyers of expensive new ICEs should consult their professional financial
advisor re financial risk and strategies to minimise it.......eh?

#Post 2014 when the Libs realised that they could conquest the Tradie/working class vote, they
heaped tax concessions on tradies and self employed and the new twin tub ute became the norm
because it had commercial rego and as such did not attract the 2/7 fringe benefits tax and of course
recently the TT ute can be written off 100% in a tax year by small businesses.

But like the Government's $2K subsidy for LPG, all that will likely stop abruptly, IMO ,
as the 2030 50/50 deadline approaches.

IMO the next serious EV on the Block will be the TT Ute with Hybrids leading the way
to ultimately BEVs with the tax concessions now enjoyed by ICE Utes only available
to Hybrids/BEVs.This will be a slightly different gig for those who like to dip the boat
in the water on the weekend!

Expand

PS: And as usual, Moorookamick provides the evidence rather than speculating:

Toyota is due to launch its US style Tundra Hybrid ute here in us in 2025.
It has the electric motors sandwiched between the engine and the conventional
trainn1e (RWD) giving it massive power/torque when the electrics and the engine
work in series.

https://www.carsales.com.au/editorial/details/toyota-tundra-hybrid-on-track-for-2025-launch-142286/

Last edited by moorookamick: 10/12/23
Upvote

Reply

Top Stories

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

MVF

Monash IVF shares cater 25% – Disaster or deep-value play?

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

SRL

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

AII

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

OCC

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

RMX

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

First 547 Last

PS: And as usual, Moorookamick provides the evidence rather than...

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

Australia’s gas crisis is here – and dying coal plants aren’t helping

Monash IVF shares cater 25% – Disaster or deep-value play?

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Featured News

Featured News

PS: And as usual, Moorookamick provides the evidence rather than...

Top Stories

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

Australia’s gas crisis is here – and dying coal plants aren’t helping

Monash IVF shares cater 25% – Disaster or deep-value play?

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Featured News

Featured News