Michael Wood pitched e-bike subsidy for Budget 2022

Former transport minister Michael Wood pitched an e-bike subsidy scheme for Budget 2022. (Image: Getty)

Mon, 04 Mar 2024

Former transport minister Michael Wood considered an e-bike subsidy scheme for inclusion in Budget 2022.Documents released by Treasury under the Official Information Act (OIA) show Wood sought $103.65 million for the scheme, or an average yearly spend of $25.91m over four years.However, the proposal, which would have been funded through the climate emergency response fund (CERF), failed to make it into the Budget.The CERF fund, which was capitalised via the emissions trading scheme (ETS), was set up by the previous Labour-led government to fund...

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