Deals & Incentives
Federal and state governments offer incentives to encourage Australians to switch to electric vehicles. Below is a summary of current and past programs across all jurisdictions.
Last verified: 2026-05-24. Incentives change — always confirm with the official source before making purchasing decisions.
Run the numbers — TCO calculator
See the 5-year cost of any EV against an equivalent petrol car using your own km, electricity rate and fuel price. Includes breakeven year and FBT-exemption bonus where eligible.
Calculate Your FBT Savings
Browse FBT-eligible EVs under the $91,387 threshold and see how much you could save with a novated lease.
Federal Government
FBT Exemption for Electric Vehicles
Battery electric and hydrogen fuel cell vehicles below the luxury car tax limit for fuel-efficient cars are exempt from Fringe Benefits Tax (FBT). PHEVs were removed from the exemption from 1 April 2025 (unless a binding commitment existed before that date). A formal government review is underway with an outcome expected mid-2027.
- Eligibility:
- Battery electric and hydrogen fuel cell vehicles with a value at first retail sale below $91,387 (fuel-efficient car LCT threshold). PHEVs no longer eligible from 1 April 2025.
- Value:
- Up to ~$18,000 per year in tax savings depending on vehicle value and tax rate
Instant Asset Write-Off (Small Business)
Eligible small businesses can immediately deduct the cost of eligible assets, including electric vehicles used for business purposes, up to the threshold in the year of purchase.
- Eligibility:
- Small businesses with aggregated turnover under $10 million. Asset must be first used or installed ready for use in the income year.
- Value:
- Immediate deduction up to $20,000 per asset (2024-25)
Upcoming Changes
The FBT exemption for electric vehicles is currently legislated until 31 March 2027. The government has signalled it will review the policy before this date. If you're considering a novated lease, acting sooner may lock in the current benefit. We'll update this page as new information becomes available.
States & Territories
New South Wales (NSW)
The NSW stamp duty exemption for battery electric vehicles ran from 1 September 2021 and ended on 31 December 2023. Buyers who purchased or placed a deposit before 1 January 2024 may still apply for a refund via Revenue NSW.
The $3,000 rebate for battery electric vehicles under $68,750 ended on 31 December 2023 after all allocated funds were exhausted.
Part of NSW's $110M EV Strategy, the EV Fleets Incentive supports businesses transitioning their vehicle fleets to electric. Two funding streams: Kick-start funding for smaller fleets (open from December 2025, closes 29 May 2026 or when funds exhausted) and Competitive bid funding for larger fleet operators. Not available to private buyers.
NSW has legislated a full stamp duty exemption for all EVs (including PHEVs) to take effect from 1 July 2027, or when battery electric vehicles reach 30% of new vehicle sales — whichever occurs first.
Victoria (VIC)
Victoria's Zero and Low Emission Vehicle Distance-based Charge was struck down by the High Court in October 2023 as unconstitutional (an excise). The charge of 2.8c/km for ZEVs is no longer collected.
The $3,000 subsidy for new zero-emission vehicles under $68,740 ended on 30 June 2023.
Queensland (QLD)
Queensland offers reduced stamp duty (transfer duty) rates for battery electric vehicles, providing a discount of $2 per $100 of the dutiable value compared to standard rates.
Queensland applies reduced annual vehicle registration fees for zero-emission vehicles. This concession continues with no announced end date, providing ongoing savings compared to equivalent petrol or diesel vehicles.
The $6,000 rebate for battery EVs and $3,000 for PHEVs ended on 2 September 2024 after all allocated funds were exhausted.
South Australia (SA)
South Australia's stamp duty exemption for battery electric vehicles ended on 31 December 2024. Standard stamp duty rates now apply to all EVs purchased in SA.
South Australia's three-year registration fee exemption for new battery electric and hydrogen fuel cell vehicles ended on 30 June 2025. Vehicles first registered after that date receive no registration exemption.
Western Australia (WA)
Western Australia's $100 annual registration rebate for battery electric vehicles ended around January 2026. The separate WA $3,500 ZEV purchase rebate scheme also closed on 10 May 2025. As of April 2026, WA has no active state-level EV purchase rebate or registration concession.
Australian Capital Territory (ACT)
The ACT's full stamp duty exemption for zero-emission vehicles ended on 1 September 2025. New graduated duty rates now apply: $2.50 per $100 for new ZEVs up to $45,000; $4.00 per $100 from $45k–$80k; $8.00 per $100 above $80,000. Used ZEVs pay $2.50 per $100 at all values.
The ACT's two-year free registration scheme for new zero-emission vehicles closed on 30 June 2024. It was replaced by an emissions-based registration system from 1 July 2024, under which ZEVs pay significantly lower fees than ICE vehicles (approx. $363–$382/year vs $661+ for a comparable ICE vehicle).
ACT residents can borrow between $2,000 and $15,000 at a subsidised 3% interest rate to purchase a new or used zero-emission vehicle below the fuel-efficient luxury car tax threshold ($91,387). Previously offered at 0% (prior to 1 July 2025). The scheme remains one of the most practical active incentives for private buyers in Australia.
Tasmania (TAS)
Tasmania applies a concessional flat stamp duty rate of $8.40 per $200 of market value for battery electric and hydrogen fuel cell vehicles — lower than standard rates. Note: the full stamp duty exemption ended on 1 January 2024; a reduced rate still applies.
Northern Territory (NT)
The Northern Territory offers two concessions running from 1 July 2022 to 30 June 2027: free annual registration for battery electric and plug-in hybrid vehicles (saving ~$91/year), and a stamp duty concession of up to $1,500 for vehicles valued up to $50,000 (3% duty on value above $50,000).
NT homeowners can claim a $1,000 rebate toward the purchase and installation of an EV home charger. Businesses can claim up to $2,500 for eligible commercial charging equipment. Available until 30 June 2026.
Incentives are subject to change. Always verify eligibility and current status with the relevant government authority before making a purchase decision.
Sources: ATO, state and territory government websites. Last verified 2026-05-24.