RACQ welcomes Federal Government's electric vehicle speech at national summit.
RACQ has welcomed more details today about the Federal Government’s policy plans to increase the uptake of electric vehicles (EV) in Australia.
In particular, we believe a fuel efficiency/CO2 standard is the most efficient way of bringing cleaner cars into the market but it needs to be introduced in a balanced, measured way with the needs and challenges of the Queensland motorist front of mind.
The lack of a standard is hampering the supply of low emission vehicles in Australia but it must be supported by measures that seek to:
- Increase consumers’ knowledge and understanding of low emission vehicles.
- Supply the infrastructure necessary to operate increasing numbers of EVs on our roads such as a comprehensive network of recharging sites.
- Ensure new residential buildings accommodate recharging infrastructure to meet future needs.
We support the Government’s intention to design this policy as a measure to address cost of living pressures as well as CO2 emissions with the current pressures at the petrol pump fresh in our members’ minds.
RACQ also welcomes measures that support critical mineral and battery industries in Australia.
Finally, RACQ is encouraged by Minister Bowen’s comments that he is seeking genuine consultation.
This is important, because as a member-based motoring organisation, we want to represent the views of Queensland motorists in the consideration and design of any standard that materially transforms the motor vehicle market in Australia.
Additionally, just as the Minister says EVs have been demonised over the past decade, we do not want to see people who have been priced out of the EV market unfairly penalised. The transition to low emission vehicles needs to be fair and just for all Queenslanders.
We look forward to working with the Government on the development of Australia’s first EV Strategy.
Related topics
-
The information in this article has been prepared for general information purposes only and is not intended as legal advice or specific advice to any particular person. Any advice contained in the document is general advice, not intended as legal advice or professional advice and does not take into account any person’s particular circumstances. Before acting on anything based on this advice you should consider its appropriateness to you, having regard to your objectives and needs.
Insurance products (excluding Travel Insurance) are issued by RACQ Insurance Limited ABN 50 009 704 152 (RACQ). Conditions, limits and exclusions apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the Product Disclosure Statement (PDS) and any applicable Supplementary PDS before making a purchase decision on this product. You can also access our Target Market Determinations on this website.
Banking and loan products issued by Members Banking Group Limited ABN 83 087 651 054 AFSL/Australian credit licence 241195 trading as RACQ Bank. Terms, conditions, fees, charges and lending policies apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the disclosure documents for your selected product or service, including the Financial Services Guide and the Terms and Conditions, and consider if appropriate for you before deciding.
Except for RACQ Bank, any RACQ entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of RACQ Bank. RACQ Bank does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.
RACQ Operations Pty Ltd (ABN 80 009 663 414 AR 000234978) and Members Travel Group Pty Ltd (ABN 45 144 538 803 AR 000432492) are acting as an Authorised Representative of the issuer of the insurance, Tokio Marine & Nichido Fire Insurance Co., Ltd. (ABN 80 000 438 291 AFSL 246 548). Any advice set out above is general in nature only, and does not take into account your objectives, financial situation or needs. Before purchasing any travel products, please consider the RACQ Travel Insurance Product Disclosure Statement (PDS) and the Target Market Determinations (TMDs) that apply to these products. Whilst the PDS outlines the Terms and Conditions of these products, the TMDs outline the intended class of customers that comprise the target market for these travel products. This will allow you to consider which products best suit your objectives, financial situation and needs and consider the products appropriateness to your personal circumstances. TMDs also outline matters involving the distribution and the review of these products. The PDS, Supplementary PDS and TMDs for each travel product can be found here.