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Labor's EV tax break boosts sales but critics say it subsidizes wealthy drivers.
Rising fuel prices due to the Iran conflict have driven electric vehicle sales in Australia to record highs, but a Labor tax break is disproportionately benefiting wealthy drivers. The fringe benefit tax break for novated leases, projected to cost $1.35 billion, has been used by over 100,000 high earners, while low-income workers, who rely more on cars, receive little support.
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