NSW Treasurer Matt Kean is counting on a massive injection of funds from electric vehicle (EV) drivers, with the state expecting to rake in a staggering $440 million in revenue. The key to this windfall lies in a proposed new tax on EV owners, which would see them pay a higher registration fee compared to traditional petrol-powered vehicles. However, the plan has sparked concerns that it could drive up costs for EV buyers and potentially deter people from switching to cleaner, more environmentally friendly transportation. As the federal government weighs in on the issue, Treasurer Kean is now putting the ball in Prime Minister Anthony Albanese's court, warning that he may need to intervene to ensure the plan stays on track.
The NSW treasurer is banking on a $440 million windfall from EV drivers unless Albanese steps in Startup Daily
