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Electric Vehicles Cheaper Are Now Cheaper

Electric Vehicles Cheaper Are Now Cheaper
Electric Vehicles are now cheaper after the federal government has passed the Electric Car Discount Bill through parliament. The bill removes the 5% import tariff for zero- and low-emission vehicles that are beneath the Luxury Car Tax Threshold ($84,916). The bill also provides a fringe benefits tax (FBT) exemption for eligible cars made available for employees by employers. For a veh...
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Business Credit Applications Fell 2.0%

Business credit applications fell by 2.0%, according to the Equifax Quarterly Commerical Insights report for the June quarter. The number of business loan applications actually rose 2.0%, however, trade credit applications fell 2.3% and asset finance applications fell 9.1%. As a result, overall business credit applications has fallen by 2.0%, which was the first decline in five quarters,...
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