Powering Australia - Electric Car Discount (ECR124)

Summary of proposal

This proposal has 2 components for temporary concessions for passenger electric vehicles (EVs) priced below the luxury car tax (LCT) threshold for fuel efficient vehicles.

  • Component 1 – Eligible EVs would be exempt from remaining import tariffs.
  • Component 2 – Eligible EVs would be exempt from Fringe Benefits Tax (FBT).

This proposal would be announced and take effect from 1 July 2022.

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Powering Australia - Rewiring the Nation (ECR125)

Summary of proposal

The proposal would provide $20 billion of equity equally over 3 years, from 1 January 2023 to 31 December 2025 to create a new public non-financial corporation, which would be:

  • responsible for building, managing and operating the Australian Energy Market Operator Integrated System Plan transmission network
  • mandated to earn a rate of return that is sufficient to cover its financial and operational costs.
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Powering Australia - Rewiring the Nation (ECR125)

Summary of proposal

The proposal would provide $20 billion of equity equally over 3 years, from 1 January 2023 to 31 December 2025 to create a new public non-financial corporation, which would be:

  • responsible for building, managing and operating the Australian Energy Market Operator Integrated System Plan transmission network
  • mandated to earn a rate of return that is sufficient to cover its financial and operational costs.
Read more

Powering Australia - Rewiring the Nation (ECR125)

Summary of proposal

The proposal would provide $20 billion of equity equally over 3 years, from 1 January 2023 to 31 December 2025 to create a new public non-financial corporation, which would be:

  • responsible for building, managing and operating the Australian Energy Market Operator Integrated System Plan transmission network
  • mandated to earn a rate of return that is sufficient to cover its financial and operational costs.
Read more

Powering Australia - Rewiring the Nation (ECR125)

Summary of proposal

The proposal would provide $20 billion of equity equally over 3 years, from 1 January 2023 to 31 December 2025 to create a new public non-financial corporation, which would be:

  • responsible for building, managing and operating the Australian Energy Market Operator Integrated System Plan transmission network
  • mandated to earn a rate of return that is sufficient to cover its financial and operational costs.
Read more

Powering Australia - Rewiring the Nation (ECR125)

Summary of proposal

The proposal would provide $20 billion of equity equally over 3 years, from 1 January 2023 to 31 December 2025 to create a new public non-financial corporation, which would be:

  • responsible for building, managing and operating the Australian Energy Market Operator Integrated System Plan transmission network
  • mandated to earn a rate of return that is sufficient to cover its financial and operational costs.
Read more

Powering Australia - Rewiring the Nation (ECR125)

Summary of proposal

The proposal would provide $20 billion of equity equally over 3 years, from 1 January 2023 to 31 December 2025 to create a new public non-financial corporation, which would be:

  • responsible for building, managing and operating the Australian Energy Market Operator Integrated System Plan transmission network
  • mandated to earn a rate of return that is sufficient to cover its financial and operational costs.
Read more

Australian Made Batteries Plan (ECR153)

Summary of proposal

The proposal involves two components:

Component 1: Battery precinct equity investment

The proposal would provide a $100 million equity investment ($50 million in 2022-23 and $50 million in 2023-24) to a successful applicant in a competitive tender for the establishment of a battery precinct. The battery precinct would see local manufacture of batteries via a larger existing manufacturer. The precinct would also become home to SMEs currently undertaking work in the sector.

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Australian Made Batteries Plan (ECR153)

Summary of proposal

The proposal involves two components:

Component 1: Battery precinct equity investment

The proposal would provide a $100 million equity investment ($50 million in 2022-23 and $50 million in 2023-24) to a successful applicant in a competitive tender for the establishment of a battery precinct. The battery precinct would see local manufacture of batteries via a larger existing manufacturer. The precinct would also become home to SMEs currently undertaking work in the sector.

Read more

Australian Made Batteries Plan (ECR153)

Summary of proposal

The proposal involves two components:

Component 1: Battery precinct equity investment

The proposal would provide a $100 million equity investment ($50 million in 2022-23 and $50 million in 2023-24) to a successful applicant in a competitive tender for the establishment of a battery precinct. The battery precinct would see local manufacture of batteries via a larger existing manufacturer. The precinct would also become home to SMEs currently undertaking work in the sector.

Read more