Latest news with #ScottMaynard
Yahoo
2 days ago
- Automotive
- Yahoo
EV insider calls out Aussie loophole as potential tax change looms: 'Doesn't make sense'
There are growing calls for Australia to scrap a controversial and generous tax exemption that encourages the purchase of larger vehicles, helping fuel a divisive and damaging trend on our roads. The Australian boss of premium electric vehicle brand Polestar is the latest to campaign for a big rethink of how the federal government's Luxury Car Tax (LCT) is administered, describing it as serving no purpose and creating a reality in Australia that "doesn't make any sense". The luxury car tax means Aussies who are buying a car worth more than $80,576 will pay an extra tax on the cost of the vehicle above that amount, with a higher threshold of $91,387 for certain "fuel-efficient vehicles" such as hybrid models. The luxury tax is charged at a rate of 33 per cent for every dollar above these thresholds, however a loophole means most utes and SUVs are exempt because they are classified as light commercial vehicles regardless of whether they are bought for private or commercial use. Over the years, that has incentivised buyers to opt for large American-style utes to avoid paying the tax, with many critics pointing out that taxpayers were subsidising the purchase of cars that are worse for the environment and cause more damage to roads than their lighter counterparts. Related: Calls to end major $250 million loophole in Aussie car market Scott Maynard, managing director of Polestar in Australia, is pushing for things to change, arguing the tax should simply go, noting that it was originally brought in to protect local car manufacturers but "we don't have a local car industry to protect" anymore. "It is a tax without a purpose," he told CarSales last week. The EV exec doubled down this week saying the situation has become perverse in our car market and highlights the much-maligned exemption. "We've now got more than one and a half times the dual cab ute to tradie ratio, which doesn't make sense," he told NewsCorp papers. "If you consider some of the positioning of some of those particular vehicles, which are clearly no longer tools of trade, I don't think it's a difficult jump to make to put that on the fact that they've enjoyed a tax let-off since 2000." While Polestar, a Swedish automotive company selling high-end electric vehicles, would benefit from the removal of the luxury tax, Maynard is far from alone in his arguments. Associate Professor Milad Haghani, an expert in urban resilience at the University of Melbourne, is among the many critics who continue to question why the exemption for larger utes and SUVs is still in place. "The luxury car tax exception has been one of the biggest incentives for people to go big and buy big cars," he told Yahoo News in May. The status quo means every taxpayer is "effectively subsidising" the purchase of certain mega utes, he said, "and a lot of the buyers don't use it for commercial purposes". The Australian Institute recently calculated the loophole comes at a cost of about $250 million a year to the nation's taxpayers. And that's before other externalities that impose a cost on society are considered with research showing the larger vehicles have an outsized impact on worsening congestion, polluting the environment and degrading our roads. Major EV change sees Aussie driver earn extra $250 in one day BYD photo highlights 'revolutionary' EV feature changing Aussie habits Warning against EV owners' 'revolutionary' solution to battery concern In May, it was reported the Albanese government is considering changing the tax and potentially lowering the 33 per cent rate, as part of negotiations with Europe over a new free trade deal with the bloc of nations. Australian Automotive Dealer Association chief executive James Voortman supports the removal of the tax, which raises more than a billion dollars a year for the federal government, but has echoed concerns from manufacturers about the impact of plummeting resale values in the secondhand market. The Australian Automobile Association and the Federal Chamber of Automotive Industries also wants to see the tax scrapped. In the event it is phased out, the government would likely look to recoup the lost revenue through other road-related charges. Do you have a story tip? Email: newsroomau@ You can also follow us on Facebook, Instagram, TikTok, Twitter and YouTube.
Yahoo
2 days ago
- Automotive
- Yahoo
Aussie EV boss joins calls for change to controversial car tax that 'doesn't make sense'
There are growing calls for Australia to scrap a controversial and generous tax exemption that encourages the purchase of larger vehicles, helping fuel a divisive and damaging trend on our roads. The Australian boss of premium electric vehicle brand Polestar is the latest to campaign for a big rethink of how the federal government's Luxury Car Tax (LCT) is administrated, describing it as serving no purpose and creating a reality in Australia that "doesn't make any sense". The luxury car tax means Aussies who are buying a car worth more than $80,576 will pay an extra tax on the cost of the vehicle above that amount, with a higher threshold of $91,387 for certain "fuel-efficient vehicles" such as hybrid models. The luxury tax is charged at a rate of 33 per cent for every dollar above these thresholds, however a loopholes means most utes and SUVs are exempt because they are classified as light commercial vehicles regardless of whether they are bought for private or commercial use. Over the years that has incentivised buyers to opt for large American-style utes to avoid paying the tax, with many critics pointing out that taxpayers were subsidising the purchase of cars that are worse for the environment and cause more damage to roads than their lighter counterparts. Related: Calls to end major $250 million loophole in Aussie car market Scott Maynard, managing director of Polestar in Australia, is pushing for things to change, arguing the tax should simply go, noting that it was originally brought in to protect local car manufacturers but "we don't have a local car industry to protect" anymore. "It is a tax without a purpose," he told CarSales last week. The EV exec double down this week saying the situation has become perverse in our car market and highlighting the much maligned exemption. "We've now got more than one and a half times the dual cab ute to tradie ratio, which doesn't make sense," he told NewsCorp papers. "If you consider some of the positioning of some of those particular vehicles, which are clearly no longer tools of trade, I don't think it's a difficult jump to make to put that on the fact that they've enjoyed tax let off since 2000." While Polestar, a Swedish automotive company selling high-end electric vehicles, would benefit from the removal of the luxury tax, he is far from alone in his arguments. Associate Professor Milad Haghani, an expert in urban resilience at the University of Melbourne, is among the many critics who continue to question why the exemption for larger utes and SUVs is still in place. "The luxury car tax exception has been one of the biggest incentives for people to go big and buy big cars," he told Yahoo News in May. The status quo means every tax payer is "effectively subsidising" the purchase of certain mega utes, he said, "and a lot of the buyers don't use it for commercial purposes". The Australian Institute recently calculated the loophole comes at a cost of about $250 million a year to the nation's taxpayers. And that's before other externalities that impose a cost on society are considered with research showing the larger vehicles have an outsized impact on worsening congestion, polluting the environment and degrading our roads. Major EV change sees Aussie driver earn extra $250 in one day BYD photo highlights 'revolutionary' EV feature changing Aussie habits Warning against EV owners' 'revolutionary' solution to battery concern In May, it was reported the Albanese government is considering changing the tax and potentially lowering the 33 per cent rate as part of negotiations with Europe over a new free trade deal with the bloc of nations. Australian Automotive Dealer Association chief executive James Voortman supports to removal of the tax, which raises more than a billion dollars a year for the federal government, but has echoed concerns from manufacturers about the impact of plummeting resale values in the secondhand market. The Australian Automobile Association and the Federal Chamber of Automotive Industries also wants to see the tax scrapped. In the event it is phased out, the government would likely look to recoup the lost revenue through other road related charges. Do you have a story tip? Email: newsroomau@ You can also follow us on Facebook, Instagram, TikTok, Twitter and YouTube.
The Advertiser
2 days ago
- Automotive
- The Advertiser
Polestar boss says new Australian emissions regulations 'didn't kill the weekend'
Polestar Australia managing director Scott Maynard says the 'scaremongering' that took place ahead of the implementation of the New Vehicle Efficiency Standard (NVES) has failed. The NVES was introduced on January 1, 2025, and limits the overall carbon-dioxide emissions across a brand's lineup – with automakers facing financial penalties if they exceed the targets. Penalties came into effect on July 1, 2025, and fleet emissions targets will get more stringent every year until 2029. When asked if perhaps NVES could have been pitched better by the politicians who were publicly in favour of it, Mr Maynard was positive. "It turns out it didn't kill the weekend," the Polestar boss said. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. ABOVE: Polestar Australia managing director Scott Maynard "We got it through, so I don't think I'm a good enough politician to say that they went about the wrong way. "I do think that there was perhaps some scaremongering whipped up from some of its opponents that did land a few blows, and some of the benefits of a market that responds to NVES legislation – like cleaner air and a move towards vehicles that that are cheaper to run – were perhaps lost in some of that messaging." Former opposition leader Peter Dutton had pledged to scrap the NVES – which he called a 'ute tax' – if the Coalition won last November's federal election (which it didn't). "We will abolish Labor's tax on family cars and utes. Saving you thousands when buying a new car," Mr Dutton posted on social media. "Labor's new car and ute tax will hit families and small businesses with thousands in extra costs." The Australian Government proposed three iterations of NVES – A, B and C options – in February 2024 for feedback from industry bodies and automakers. Of the three, the "fast but flexible" B proposal was the government's preferred option. Though it wasn't the most stringent of the three, the B proposal was criticised by some Australian car companies, with Toyota – the best-selling brand here since 2008 – saying it would force new vehicle prices up and hurt 'middle Australia'. Sean Hanley, Toyota Australia vice president of sales and marketing, said the company didn't have the model range available globally on hand to replace popular vehicles like the LandCruiser. Mr Hanley also said sales of smaller, lower-emission Toyota models would not be enough to offset fines from sales of larger vehicles. Similar objections were voiced by other car companies, such as Mitsubishi Australia CEO Shaun Westcott who also appealed to 'middle Australia'. "We do want a standard, we're not against a standard," Mr Westcott told CarExpert. "What we want is a standard that is practical and achievable against the pace of technology, aligned with what consumers want and what consumers can afford." The Australian Government subsequently made key concessions to automakers ahead of introducing the legislation to parliament in March 2024, including changing how large off-roaders were categorised – something which Toyota had called for. Both Toyota and Mitsubishi are members of the Federal Chamber of Automotive Industries (FCAI), which issued statements critical of NVES – something that saw Polestar and rival electric car brand Tesla quit the industry body. Mr Maynard recently said the brand is no closer to rejoining the FCAI, saying the industry body is less progressive than when Polestar left it in protest in March 2024. When asked by CarExpert if Polestar Australia could better effect change by being a member of the FCAI, Mr Maynard was blunt. "If I thought that the volume of vehicles that we sell – [Polestar] being a premium and relatively exclusive player – would give us a fair voice inside the FCAI, then perhaps that logic would run. "But I think it's still the case that the FCAI services those members that fund it, and I can understand why they would do that. They're a representative body of the manufacturers that sit inside it, and so no, I think I'd probably get sent out of the room." MORE: Everything Polestar MORE: What the first federal emission standard means for Aussie car buyers MORE: Mitsubishi boss slams federal emissions regulations, "naivety" around EVs MORE: Polestar won't rejoin Australia's top auto industry body Content originally sourced from: Polestar Australia managing director Scott Maynard says the 'scaremongering' that took place ahead of the implementation of the New Vehicle Efficiency Standard (NVES) has failed. The NVES was introduced on January 1, 2025, and limits the overall carbon-dioxide emissions across a brand's lineup – with automakers facing financial penalties if they exceed the targets. Penalties came into effect on July 1, 2025, and fleet emissions targets will get more stringent every year until 2029. When asked if perhaps NVES could have been pitched better by the politicians who were publicly in favour of it, Mr Maynard was positive. "It turns out it didn't kill the weekend," the Polestar boss said. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. ABOVE: Polestar Australia managing director Scott Maynard "We got it through, so I don't think I'm a good enough politician to say that they went about the wrong way. "I do think that there was perhaps some scaremongering whipped up from some of its opponents that did land a few blows, and some of the benefits of a market that responds to NVES legislation – like cleaner air and a move towards vehicles that that are cheaper to run – were perhaps lost in some of that messaging." Former opposition leader Peter Dutton had pledged to scrap the NVES – which he called a 'ute tax' – if the Coalition won last November's federal election (which it didn't). "We will abolish Labor's tax on family cars and utes. Saving you thousands when buying a new car," Mr Dutton posted on social media. "Labor's new car and ute tax will hit families and small businesses with thousands in extra costs." The Australian Government proposed three iterations of NVES – A, B and C options – in February 2024 for feedback from industry bodies and automakers. Of the three, the "fast but flexible" B proposal was the government's preferred option. Though it wasn't the most stringent of the three, the B proposal was criticised by some Australian car companies, with Toyota – the best-selling brand here since 2008 – saying it would force new vehicle prices up and hurt 'middle Australia'. Sean Hanley, Toyota Australia vice president of sales and marketing, said the company didn't have the model range available globally on hand to replace popular vehicles like the LandCruiser. Mr Hanley also said sales of smaller, lower-emission Toyota models would not be enough to offset fines from sales of larger vehicles. Similar objections were voiced by other car companies, such as Mitsubishi Australia CEO Shaun Westcott who also appealed to 'middle Australia'. "We do want a standard, we're not against a standard," Mr Westcott told CarExpert. "What we want is a standard that is practical and achievable against the pace of technology, aligned with what consumers want and what consumers can afford." The Australian Government subsequently made key concessions to automakers ahead of introducing the legislation to parliament in March 2024, including changing how large off-roaders were categorised – something which Toyota had called for. Both Toyota and Mitsubishi are members of the Federal Chamber of Automotive Industries (FCAI), which issued statements critical of NVES – something that saw Polestar and rival electric car brand Tesla quit the industry body. Mr Maynard recently said the brand is no closer to rejoining the FCAI, saying the industry body is less progressive than when Polestar left it in protest in March 2024. When asked by CarExpert if Polestar Australia could better effect change by being a member of the FCAI, Mr Maynard was blunt. "If I thought that the volume of vehicles that we sell – [Polestar] being a premium and relatively exclusive player – would give us a fair voice inside the FCAI, then perhaps that logic would run. "But I think it's still the case that the FCAI services those members that fund it, and I can understand why they would do that. They're a representative body of the manufacturers that sit inside it, and so no, I think I'd probably get sent out of the room." MORE: Everything Polestar MORE: What the first federal emission standard means for Aussie car buyers MORE: Mitsubishi boss slams federal emissions regulations, "naivety" around EVs MORE: Polestar won't rejoin Australia's top auto industry body Content originally sourced from: Polestar Australia managing director Scott Maynard says the 'scaremongering' that took place ahead of the implementation of the New Vehicle Efficiency Standard (NVES) has failed. The NVES was introduced on January 1, 2025, and limits the overall carbon-dioxide emissions across a brand's lineup – with automakers facing financial penalties if they exceed the targets. Penalties came into effect on July 1, 2025, and fleet emissions targets will get more stringent every year until 2029. When asked if perhaps NVES could have been pitched better by the politicians who were publicly in favour of it, Mr Maynard was positive. "It turns out it didn't kill the weekend," the Polestar boss said. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. ABOVE: Polestar Australia managing director Scott Maynard "We got it through, so I don't think I'm a good enough politician to say that they went about the wrong way. "I do think that there was perhaps some scaremongering whipped up from some of its opponents that did land a few blows, and some of the benefits of a market that responds to NVES legislation – like cleaner air and a move towards vehicles that that are cheaper to run – were perhaps lost in some of that messaging." Former opposition leader Peter Dutton had pledged to scrap the NVES – which he called a 'ute tax' – if the Coalition won last November's federal election (which it didn't). "We will abolish Labor's tax on family cars and utes. Saving you thousands when buying a new car," Mr Dutton posted on social media. "Labor's new car and ute tax will hit families and small businesses with thousands in extra costs." The Australian Government proposed three iterations of NVES – A, B and C options – in February 2024 for feedback from industry bodies and automakers. Of the three, the "fast but flexible" B proposal was the government's preferred option. Though it wasn't the most stringent of the three, the B proposal was criticised by some Australian car companies, with Toyota – the best-selling brand here since 2008 – saying it would force new vehicle prices up and hurt 'middle Australia'. Sean Hanley, Toyota Australia vice president of sales and marketing, said the company didn't have the model range available globally on hand to replace popular vehicles like the LandCruiser. Mr Hanley also said sales of smaller, lower-emission Toyota models would not be enough to offset fines from sales of larger vehicles. Similar objections were voiced by other car companies, such as Mitsubishi Australia CEO Shaun Westcott who also appealed to 'middle Australia'. "We do want a standard, we're not against a standard," Mr Westcott told CarExpert. "What we want is a standard that is practical and achievable against the pace of technology, aligned with what consumers want and what consumers can afford." The Australian Government subsequently made key concessions to automakers ahead of introducing the legislation to parliament in March 2024, including changing how large off-roaders were categorised – something which Toyota had called for. Both Toyota and Mitsubishi are members of the Federal Chamber of Automotive Industries (FCAI), which issued statements critical of NVES – something that saw Polestar and rival electric car brand Tesla quit the industry body. Mr Maynard recently said the brand is no closer to rejoining the FCAI, saying the industry body is less progressive than when Polestar left it in protest in March 2024. When asked by CarExpert if Polestar Australia could better effect change by being a member of the FCAI, Mr Maynard was blunt. "If I thought that the volume of vehicles that we sell – [Polestar] being a premium and relatively exclusive player – would give us a fair voice inside the FCAI, then perhaps that logic would run. "But I think it's still the case that the FCAI services those members that fund it, and I can understand why they would do that. They're a representative body of the manufacturers that sit inside it, and so no, I think I'd probably get sent out of the room." MORE: Everything Polestar MORE: What the first federal emission standard means for Aussie car buyers MORE: Mitsubishi boss slams federal emissions regulations, "naivety" around EVs MORE: Polestar won't rejoin Australia's top auto industry body Content originally sourced from: Polestar Australia managing director Scott Maynard says the 'scaremongering' that took place ahead of the implementation of the New Vehicle Efficiency Standard (NVES) has failed. The NVES was introduced on January 1, 2025, and limits the overall carbon-dioxide emissions across a brand's lineup – with automakers facing financial penalties if they exceed the targets. Penalties came into effect on July 1, 2025, and fleet emissions targets will get more stringent every year until 2029. When asked if perhaps NVES could have been pitched better by the politicians who were publicly in favour of it, Mr Maynard was positive. "It turns out it didn't kill the weekend," the Polestar boss said. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. ABOVE: Polestar Australia managing director Scott Maynard "We got it through, so I don't think I'm a good enough politician to say that they went about the wrong way. "I do think that there was perhaps some scaremongering whipped up from some of its opponents that did land a few blows, and some of the benefits of a market that responds to NVES legislation – like cleaner air and a move towards vehicles that that are cheaper to run – were perhaps lost in some of that messaging." Former opposition leader Peter Dutton had pledged to scrap the NVES – which he called a 'ute tax' – if the Coalition won last November's federal election (which it didn't). "We will abolish Labor's tax on family cars and utes. Saving you thousands when buying a new car," Mr Dutton posted on social media. "Labor's new car and ute tax will hit families and small businesses with thousands in extra costs." The Australian Government proposed three iterations of NVES – A, B and C options – in February 2024 for feedback from industry bodies and automakers. Of the three, the "fast but flexible" B proposal was the government's preferred option. Though it wasn't the most stringent of the three, the B proposal was criticised by some Australian car companies, with Toyota – the best-selling brand here since 2008 – saying it would force new vehicle prices up and hurt 'middle Australia'. Sean Hanley, Toyota Australia vice president of sales and marketing, said the company didn't have the model range available globally on hand to replace popular vehicles like the LandCruiser. Mr Hanley also said sales of smaller, lower-emission Toyota models would not be enough to offset fines from sales of larger vehicles. Similar objections were voiced by other car companies, such as Mitsubishi Australia CEO Shaun Westcott who also appealed to 'middle Australia'. "We do want a standard, we're not against a standard," Mr Westcott told CarExpert. "What we want is a standard that is practical and achievable against the pace of technology, aligned with what consumers want and what consumers can afford." The Australian Government subsequently made key concessions to automakers ahead of introducing the legislation to parliament in March 2024, including changing how large off-roaders were categorised – something which Toyota had called for. Both Toyota and Mitsubishi are members of the Federal Chamber of Automotive Industries (FCAI), which issued statements critical of NVES – something that saw Polestar and rival electric car brand Tesla quit the industry body. Mr Maynard recently said the brand is no closer to rejoining the FCAI, saying the industry body is less progressive than when Polestar left it in protest in March 2024. When asked by CarExpert if Polestar Australia could better effect change by being a member of the FCAI, Mr Maynard was blunt. "If I thought that the volume of vehicles that we sell – [Polestar] being a premium and relatively exclusive player – would give us a fair voice inside the FCAI, then perhaps that logic would run. "But I think it's still the case that the FCAI services those members that fund it, and I can understand why they would do that. They're a representative body of the manufacturers that sit inside it, and so no, I think I'd probably get sent out of the room." MORE: Everything Polestar MORE: What the first federal emission standard means for Aussie car buyers MORE: Mitsubishi boss slams federal emissions regulations, "naivety" around EVs MORE: Polestar won't rejoin Australia's top auto industry body Content originally sourced from:
Courier-Mail
3 days ago
- Automotive
- Courier-Mail
Polestar exec calls for change to ute tax
Don't miss out on the headlines from Motoring News. Followed categories will be added to My News. The boss of one of Australia's greenest car companies has called for an end to tax breaks for utes that have become the nation's best-selling cars. Scott Maynard, managing director of Polestar in Australia, says lucrative tax concessions for high-riding utes have gone too far, resulting in taxpayers subsidising cars that are harmful to the environment. MORE: Luxury van delivers – at a cost Toyota HiLux, Mitsubishi Triton and Ford Ranger utes. Photo: Mark Bean Large four-wheel-drive utes can be exempt from luxury car tax and fringe benefits tax that apply to other vehicles. Maynard says the fringe benefits tax concession 'continues to disproportionately serve the sale of dual cab utes and not what I would consider to be a far more progressive style of transportation, which is electric vehicles'. 'Consider that three of the top five selling cars in Australia for the entire first half [of the year] were dual cab utes and their variants,' he said. 'We've now got more than one and a half times the dual cab ute to tradie ratio, which doesn't make sense. Scott Maynard, Managing director of Polestar Australia. 'If you consider some of the positioning of some of those particular vehicles, which are clearly no longer tools of trade, I don't think it's a difficult jump to make to put that on the fact that they've enjoyed tax let off since 2000. 'Wouldn't it great to see benefits like that afforded to vehicles that are now cheaper to own um easier to live with and better for the environment?' Rod Campbell, research director at The Australia Institute, made headlines in 2024 when pointing out the 'considerable costs on society' of subsidising large utes such as the RAM 1500 and Ford F-150. MORE: Jet pilot tech to change Aussie cars 2025 Ram 1500. Picture: Supplied The Australian public is subsidising big, dumb utes by hundreds of millions of dollars each year,' he said. 'These vehicles are damaging roads, reducing safety and increasing emissions, yet they are given a massive tax break. 'Removing the luxury car tax exemption will not affect most ute drivers, particularly tradies. 'Instead it targets those buying large luxury vehicles, worth sometimes hundreds of thousands of dollars, for personal use. X Learn More SUBSCRIBER ONLY 'Economics 101 says that governments should tax things they want less of, and subsidise things they want more of, and it is stunning that the Australian Government seems to want more big, dumb utes.' Maynard's views differ from peers at the top of the car industry. Polestar has effectively split from the Federal Chamber of Automotive Industries, a collective that lobbies on behalf of member companies such as Toyota, Ford and Mitsubishi – brands that rely heavily on the sales of utes such as the HiLux, Ranger and Triton. But Polestar doesn't have a ute. MORE: Polestar 4 a window into the future 2025 Polestar 3 Long Range Single Motor electric car. Picture: Supplied It doesn't have any cars that require petrol or diesel fuel – every Polestar sold in Australia is a pure electric vehicle. Maynard said the brand's all-in stance on electric vehicles 'does open a window for us' as rival brands water down their commitment to EVs. The brand has recorded an uptick in interest from customers who were considering plug-in electric vehicles before a tax break expired on April 1, pushing them toward EVs. 'Anecdotally, I feel like I'm talking to more and more customers that say now that's done,' he said. 'At a function last night, I spoke to three people at a table that said, 'you know, we were squaring up for a PHEV [but] we will probably just go full electric now'. 'And I know that there was a lot of people that were trying to get their PHEV deals secured before that FBT incentive [expired].' Originally published as Polestar exec calls for change to ute tax
News.com.au
3 days ago
- Automotive
- News.com.au
Polestar exec calls for change to ute tax
The boss of one of Australia's greenest car companies has called for an end to tax breaks for utes that have become the nation's best-selling cars. Scott Maynard, managing director of Polestar in Australia, says lucrative tax concessions for high-riding utes have gone too far, resulting in taxpayers subsidising cars that are harmful to the environment. Large four-wheel-drive utes can be exempt from luxury car tax and fringe benefits tax that apply to other vehicles. Maynard says the fringe benefits tax concession 'continues to disproportionately serve the sale of dual cab utes and not what I would consider to be a far more progressive style of transportation, which is electric vehicles'. 'Consider that three of the top five selling cars in Australia for the entire first half [of the year] were dual cab utes and their variants,' he said. 'We've now got more than one and a half times the dual cab ute to tradie ratio, which doesn't make sense. 'If you consider some of the positioning of some of those particular vehicles, which are clearly no longer tools of trade, I don't think it's a difficult jump to make to put that on the fact that they've enjoyed tax let off since 2000. 'Wouldn't it great to see benefits like that afforded to vehicles that are now cheaper to own um easier to live with and better for the environment?' Rod Campbell, research director at The Australia Institute, made headlines in 2024 when pointing out the 'considerable costs on society' of subsidising large utes such as the RAM 1500 and Ford F-150. The Australian public is subsidising big, dumb utes by hundreds of millions of dollars each year,' he said. 'These vehicles are damaging roads, reducing safety and increasing emissions, yet they are given a massive tax break. 'Removing the luxury car tax exemption will not affect most ute drivers, particularly tradies. 'Instead it targets those buying large luxury vehicles, worth sometimes hundreds of thousands of dollars, for personal use. 'Economics 101 says that governments should tax things they want less of, and subsidise things they want more of, and it is stunning that the Australian Government seems to want more big, dumb utes.' Maynard's views differ from peers at the top of the car industry. Polestar has effectively split from the Federal Chamber of Automotive Industries, a collective that lobbies on behalf of member companies such as Toyota, Ford and Mitsubishi – brands that rely heavily on the sales of utes such as the HiLux, Ranger and Triton. But Polestar doesn't have a ute. It doesn't have any cars that require petrol or diesel fuel – every Polestar sold in Australia is a pure electric vehicle. Maynard said the brand's all-in stance on electric vehicles 'does open a window for us' as rival brands water down their commitment to EVs. The brand has recorded an uptick in interest from customers who were considering plug-in electric vehicles before a tax break expired on April 1, pushing them toward EVs. 'Anecdotally, I feel like I'm talking to more and more customers that say now that's done,' he said. 'At a function last night, I spoke to three people at a table that said, 'you know, we were squaring up for a PHEV [but] we will probably just go full electric now'. 'And I know that there was a lot of people that were trying to get their PHEV deals secured before that FBT incentive [expired].'
