NVES: THE GOVERNMENT'S NEW 'STEALTH TAX' ON NEW CARS STARTS TODAY

EV Channels Review

This video critically examines Australia's new Vehicle Efficiency Standard (NVES), labeling it a 'stealth tax' on consumers. The presenter, John Cadogan, argues that while the government aims to reduce CO2 emissions, the policy is fundamentally flawed due to low consumer demand for EVs, high purchase prices, and inadequate infrastructure. He highlights that car manufacturers will likely pass on compliance costs to buyers, particularly impacting sales of popular vehicles like the Hilux and Ranger. Cadogan expresses agreement with industry body FCAI's concerns about affordability and infrastructure, suggesting the NVES targets are unattainable. He concludes that the policy is a form of social engineering that doesn't align with Australian consumer preferences for larger vehicles and advocates for scrapping the NVES in favor of more practical emissions reduction strategies.