Clean car scheme in a $224m 'hole' before rejig

Federated Farmers says farmers are subsidising wealthy Tesla owners. (Image: Getty)

Thu, 04 May 2023

The government's feebate scheme has operated as advertised, helping push the take-up of lower emission cars with the general buying public.But the automotive industry is now calling into question the need to sink another $100 million into selling something that's already been bought, and that it could better spend the money on supporting infrastructure.That's on the back of a recently released long-term charging network strategy and forecasts by network operator Chargenet saying NZ needs more than $400m in capital investment to keep...

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On the Money

On The Money: 50 Cent Luxon, crime, cones and more...

PM took a police squad to Chemist Warehouse. Next stop: JB Hi-Fi with an army?

Dileepa Fonseka 5:00am

Fail File

The Fail File: Trish Clark, art expert and gallery owner

'Worrying is pointless and a waste of energy in a crisis'.

Victoria Carter 5:00am

The Fail File: Trish Clark, art expert and gallery owner

Opinion

Simon Robertson: Nike. Are they doing it?

Business models are incredibly important. Nike’s is flaying.

Simon Robertson 5:00am

Sponsored

NZ’s “terrible” statistic

Course aims to build employee resilience & business productivity.

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Digital skills shortage hurting NZ

2degrees study: many companies failing to leverage technology.

2degrees

More Transport

Infrastructure

Opening day congestion for untolled Penlink highway – NZTA

The road should be redesigned if the Government chooses not to toll, agency said.

Oliver Lewis 26 Jul 2024

Markets

Mainfreight looks to Oz as profit falls

Mainfreight expects Australia to become its biggest profit earner, the global logistics company has told shareholders at their annual meeting.The NZX-listed company said group profit before tax at $83.1 million had dipped 11.2% in the 15 weeks from April 1 to July 14 compared to...

Staff reporters 25 Jul 2024