Green vehicle stamp duty - the Liberals finally say no.

Umm, that’s what the Green Car Rating is based on – 50% on fuel consumption and 50% on emission levels.

And how exactly does the Green Rating apply to stamp duty? My assertion was that we should base stamp duty on fuel consumption…

Green house/Air pollution is usually related to engine size.

That’s generally true for normal cars, but with 4WDs and commercial vehicles it doesn’t really hold true. For example, a typical petrol LandCruiser/Patrol has a smaller engine than my V8, but uses substantially more fuel. Using a vehicle’s mass is probably a better indication of fuel consumption.

from a first glance at the new rates, the proposal appears designed to be approximately revenue neutral- the higher rate for guzzlers balances out the discount for the more fuel efficient vehicles.

The purest incentive would be to load all transport-related costs onto the fuel, but this mightn’t be popular, so a next-best option is to build an incentive into the various costs, like stamp duty, registration etc. If you’re a subbie who needs a hilux, these costs are tax-deductible (assuming you’re paying tax 🙂 ). Ms Dunne is spouting drivel- again.

Who cares, We pay enough already with petrol, road taxes, stamp duty etc etc.

If the Govt is so worried about green house gas omissions, how about they start turning off all their office lights at night.

Seriously as if this isn’t just another way of applying a new tax to screw people over.

VYBerlinaV8_the_one_they_all_copy said :

If we’re serious about this, we would base stamp duty on average fuel consumption according to the Australian Standard testing.

Umm, that’s what the Green Car Rating is based on – 50% on fuel consumption and 50% on emission levels.

One of the other problems with discounting rego is that what is a high rating green car today will be pretty ordinary by tomorrow’s standards. If rego gets dearer as a car gets older there is the incentive to replace the car sooner, which can have a negative environmental impact.

If we’re serious about this, we would base stamp duty on average fuel consumption according to the Australian Standard testing.

Green house/Air pollution is usually related to engine size.

As opposed to the current system, whereby for leased vehicles the rate of FBT reduces as the kilometres increases…

Yep, that’s a right pain in the butt. We have to actively go for long drives (eg interstate) to rack up enough km to avoid paying absurd amounts of tax on our lease car… not exactly in line with trying to save the planet.

aidan said :

It is useless because it is stamp duty and so is only going to affect new purchases (and only if they occur in the ACT .. just go to Queanbeyan to buy the Pajero).

Unfortunately that would require you to actually move to Queanbeyan as NSW require proof of residency to register a vehicle in their state.

If they based the cost of registration on greenhouse gas emissions then it might do some good.

The argument against rego reductions is that it could be regressive as lower income earners generally own older and poorer environmentally performing cars. Lowering the stamp duty doesn’t penalise these people and assists them in buying greener cars when they purchase new ones.

if I were king I’d be advocating a ‘pay as you drive’ system of car rego instead of this as a way of reducing exhaust emissions; by this I mean your rego is one number per km upto 5000 a larger number per km upto 10000 a larger number per km upto 15000 etc etc

As opposed to the current system, whereby for leased vehicles the rate of FBT reduces as the kilometres increases…

It is useless because it is stamp duty and so is only going to affect new purchases (and only if they occur in the ACT .. just go to Queanbeyan to buy the Pajero).

If they based the cost of registration on greenhouse gas emissions then it might do some good.

if I were king I’d be advocating a ‘pay as you drive’ system of car rego instead of this as a way of reducing exhaust emissions; by this I mean your rego is one number per km upto 5000 a larger number per km upto 10000 a larger number per km upto 15000 etc etc

This would give people an extra incentive to drive less( creating less emissions) while not hitting the hip pocket very hard.