Australia news live: $50m incentive to encourage EV switch; rescued Kosciuszko hiker faces debrief after hospital stay

Energy minister Chris Bowen will anounce the scheme for farmers and truck companies today. Follow today’s news live

The Albanese government will today announce a $50m initiative to encourage farmers and freight companies to buy up electric vehicles as part of its plans to decarbonise the economy.

The energy minister, Chris Bowen, said a deal between the Clean Energy Finance Corporation and Metro Finance will offer eligible farmers, freight companies and other small and medium businesses the option to take on cheaper loans to buy electric vehicles.

Australian motorists deserve more choices of cleaner, cheaper-to-run cars and that’s exactly what the Albanese government is delivering.

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