Stay informed with our weekly wrap of Australia’s electric vehicle news. We deliver a clear, trustworthy recap of market shifts, government policy and incentives, charging infrastructure updates, new models, battery and software advances, and consumer trends. Each episode highlights the key stories, why they matter, and what to watch next, so busy professionals and curious drivers can navigate the fast‑moving EV landscape with confidence—without noise, hype, or jargon.
This Week:
Paige recaps the week for Australian EV buyers: the government will phase down the novated‑lease FBT exemption from April 2027, with a 25% discount applying to all EVs from April 2029; Aprils sales hit a record share of about one in six new cars as fuel prices stay high; and Omoda Jaecoo extends a sub-$37k drive‑away J5 EV offer to 30 June. Listeners are reminded to compare total cost of ownership, be finance‑ready to secure stock, and weigh incentives and running‑cost savings when choosing an electric vehicle loan.
EPISODE 1822 | Electric Vehicle Loans Weekly Podcast | Sun, 10th May 2026
11 May 2026 | Paige Estritori
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Read Full Transcript:
Hello and welcome to Electric Vehicle Loans Weekly Podcast, Im Paige Estritori, and its Sunday, 10 May 2026.
First up, the federal government confirmed on Monday, 4 May, that the electric‑car tax discount will be wound back. Fringe benefits tax, or FBT, on novated‑lease EVs will change in stages: from 1 April 2027, only EVs under about seventy‑five thousand dollars keep the full exemption, while higher‑priced EVs get a reduced FBT; from 1 April 2029, all EVs move to a 25 per cent FBT discount. Why this matters: if youre comparing a novated lease to an electric vehicle loan, the maths will shift over the next few years—especially for models above the cap. Take a clear look at total cost of ownership and consider locking in a structure that suits your budget and timeline.
Next up, April sales data show EVs hit roughly one in six new cars nationwide, a record share as fuel prices stay high and model choice expands. Chinese brands led the month, with strong showings across affordable SUVs and hatches, and overall EV deliveries were north of fifteen thousand. For buyers, that demand can mean sharper deals in some segments, but also occasional wait times. Having your finance sorted and documents ready can help you move quickly when the right car is in stock, and compare lenders for flexible terms if supply shifts.
Meanwhile, price competition is heating up. Omoda Jaecoo has extended its J5 EV drive‑away offer of about thirty‑seven thousand dollars through to 30 June, the end of financial year, or EOFY. Offers like this can bring the upfront cost closer to comparable petrol SUVs. If an entry‑price EV fits your needs, weigh running‑cost savings and any state‑based incentives alongside loan repayments to see the true monthly picture.
Thats it for this week. For clear comparisons on electric vehicle loans, flexible terms, and support from a nationwide broking network, head to electric-vehicle-loans.com.au. Im Paige; thanks for listening and Ill see you next Sunday.
The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
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The Australian government has announced the extension of its Electric Car Discount (ECD) program, a key initiative aimed at promoting the adoption of electric vehicles (EVs) across the nation. Originally introduced in 2022, the ECD offers tax rebates to employees who lease electric cars through salary sacrificing arrangements. This extension underscores the government's commitment to reducing carbon emissions and supporting sustainable transportation options. - read more
The South Australian government has reaffirmed its commitment to promoting electric vehicle (EV) adoption by continuing its 3-year registration exemption for new battery electric and hydrogen fuel cell vehicles. This incentive applies to eligible vehicles valued below $68,750 and first registered between 28 October 2021 and 30 June 2025. The initiative aims to reduce the financial burden on EV owners and encourage the transition to cleaner transportation options. - read more
Bank Australia has launched a new Electric Vehicle Loan designed to make the purchase of new and used electric vehicles (EVs) more accessible to consumers. This initiative offers a fixed interest rate of 6.29% per annum, effective from 1 April 2026, with a comparison rate of 6.29% per annum. The loan is tailored to reward environmentally conscious consumers by providing a lower interest rate and eliminating fees associated with the loan. - read more
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Electric vehicles (EVs) are swiftly becoming a favorite choice for many Australians. Their eco-friendly profile and the advancement in Electric Vehicle technology have driven a surge in popularity. More Australians are viewing Electric Vehicles as a viable alternative to traditional petrol and diesel vehicles, not just for environmental reasons but also for the long-term savings on fuel and maintenance costs. - read more
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The electric vehicle (EV) revolution is taking Australia by storm, with more drivers switching to cleaner, greener alternatives to traditional petrol cars. As environmental consciousness grows, so does the demand for electric vehicles, making it crucial for consumers to understand how to finance these modern marvels effectively. - read more
Knowledgebase
Personal Loan: A personal loan is a loan provided to an individual or individuals (as opposed to a business) and that can be generally be used for a variety of purposes subject to the approval of the lender.
