It’s federal election day in Australia, and while there are a plethora of questions around what the next government could bring, we’re particularly concerned about those related to cars. Specifically, we’re interested in financial incentives for buyers of electric vehicles (EVs) and plug-in hybrid vehicles (PHEVs), which have been offered for a while now, to encourage the adoption of more low- and zero-emissions by Australians. One such program has been the fringe benefits tax (FBT) exemption, which applies to all EVs and – until April 1, 2025 – PHEVs priced under the Luxury Car Tax threshold for fuel-efficient vehicles and...