With federal elections on the horizon, the government focuses on the budget on the tax cuts of income.
Regarding cars and transportation in general, the government has not announced any major incentives or plans. Instead, he detailed spending on a large number of new road and railway projects.
Roads
The government says it will spend $ 15.6 billion over ten years on new transport projects, including:
amount | state | project |
---|---|---|
7.2 billion dollars | QLD | Highway safety promotions Bruce |
$ 1.0 billion | In you | Good way |
$ 1.2 billion | New South Wales | Terrigal engine upgrade West Sydney promotions (fifteenth Avenue, Townson Road, Burdikin Road and Garfield West Road) |
$ 350 million | Wa | Kwinana Highway upgrade |
200 million dollars | Tas | The highway upgrade in Arthur, and the extension of the Outlet Transit South South |
200 million dollars | nt | Stuart Highway Chuit (Darwin To Katherine) |
125 million dollars | H | Remove the level of the Cortis road at the road level |
20 million dollars | Representation | Monaro Highway Stage 2 Works Works |
In the railway world, there are $ 2.0 billion to upgrade the Sunshine Station (VIC), and $ 1.0 billion to keep the railway extension corridor in the southwest Sydney (NSW).
For current projects, the government allocated $ 1.5 billion over eight years, including $ 1.1 billion for quick Western leadership (VIC), $ 200 million to Rockhampton Ring Road (QLD), $ 50 million for Homebush Bay Drive (NSW), $ 30 million for the first stage of Monaro Highway Upgrade stage (ACT).
Luxury car tax and other duties
There are no changes to luxury car tax, or duties imposed on gasoline and diesel.
The government estimates that it will raise $ 1.2 billion of luxury car tax during the fiscal year 2025-26, with a slight increase from $ 1.17 billion that it expects from the tax during the current fiscal year.
It is expected that $ 380 million of income from car import duties.
The gasoline mocos should generate about $ 7.45 billion in the coming fiscal year, while the diesel will add $ 17.85 billion to federal treasures.
These numbers are all pale compared to the amount of money that the government collects from income tax ($ 350 billion), the company’s tax ($ 140 billion), and GST (94 billion dollars).