Registration discount for electric vehicles to end as government introduces higher levies to fund emergency services
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The Victorian government is axing its last remaining incentive for electric vehicle users and is introducing a new levy to fund emergency and disaster responses, as the treasurer says efforts to reduce debt are beginning to bear results.
The treasurer, Tim Pallas, on Friday released the state’s mid-year budget update, which shows the 2024/25 deficit is expected to grow to $3.6bn, up from a forecast $2.2bn in May.