The threshold has now been raised for the 2024/25 financial year from $89,332 to $91,387 for fuel-efficient vehicles, including EVs and plug-in hybrids.

Are there any restrictions around the type of vehicles available on a novated lease? Let’s take a closer look.

A novated lease is a form of salary packaging that helps you finance a new, used or even your existing car while offering a range of potential benefits and tax savings. Is novated leasing the right choice for you?

A key objective of the Australian Government’s plan is to make it easy to charge EVs across Australia and improve public charging infrastructure.