Fringe benefit tax an obstacle to EV take-up - Transpower

Fringe benefit tax an obstacle to EV take-up - Transpower
Gavin Evans
Fringe benefit tax rules for electric vehicles need to change if the country is to accelerate their uptake and the environmental and cost benefits they will deliver, Transpower says.Electrification of transport is the biggest and fastest emission-reduction available and the country needs to do more to encourage imports and accelerate their use, the state-owned enterprise said.The total cost of ownership for many EVs is already lower than petrol cars, but the high upfront purchase cost means under current policies mass take-up may not begin unti...

More Infrastructure

New directors appointed to NZ infrastructure boards
Infrastructure

New directors appointed to NZ infrastructure boards

New directors have been appointed to the boards of Crown Infrastructure Delivery (CID), National Infrastructure Funding and Financing (NIFFCo), and the New Zealand Infrastructure Commission.Infrastructure Minister, Chris Bishop, highlighted the expertise the new and reappointed d...

BD AI 16 Oct 2025
'Meth' ministry moves: staffing data sought for four-way merger
Infrastructure

'Meth' ministry moves: staffing data sought for four-way merger

Work is progressing on a four-ministry merger with the pejorative nickname ‘Meth’.

Dileepa Fonseka 14 Oct 2025
Aratere sold for scrap, price deemed commercially sensitive
Infrastructure

Aratere sold for scrap, price deemed commercially sensitive

The Aratere ferry has been sold to a specialist recycling shipyard in India for an undisclosed amount.“Details of the sale price are commercially sensitive,” Duncan Roy, executive general manager of Interislander, said.  The ferry was retired last August to make way for the port...

Rebecca Howard 10 Oct 2025
Govt looks to put its Chorus investment on the block
Infrastructure

Govt looks to put its Chorus investment on the block

The finance minister said there's no policy reason for Govt to hold Chorus securities.

Rebecca Howard 10 Oct 2025