Tasmania real estate: Full list of sales, auction results for May 24 week
Don't miss out on the headlines from HyperLocal. Followed categories will be added to My News.
A three-bedroom unit in Battery Point was the most expensive sale reported in Tasmania last week.
The property at 6/6 Stowell Avenue sold for $1.3 million by private sale.
The cheapest property was a two-bedroom house at 8 Alfred Street, which sold for $85,000 by private sale.
Realestate.com.au data division Proptrack has reported 191 local auction and private sale results in the past seven days.
Guide to reading auction and private sale results
PI - Passed in
PT - Sold by private treaty
S - Sold at auction
SA - Sold after auction
SB - Sold before auction
VB - Passed in on vendor bid
W - Withdrawn from auction
Auction and private sale results in Tasmania
Click on the address to know more.
Acton Park
240 Acton Road, 4-bedroom house, PT, $932,000
Agency - Raine & Horne - Eastern Shore
Battery Point
6/6 Stowell Avenue, 3-bedroom unit, PT, $1,310,000Agency - Salamanca Realty - Battery Point
21 Cromwell Street, 4-bedroom house, PT, Undisclosed Agency - Harrison Agents - Hobart
28 Waterloo Crescent, 2-bedroom house, PT, $1,050,000
Agency - EIS Property - Hobart
Beauty Point
26 Ross Street, 2-bedroom house, PT, $300,000
Agency - Roberts Real Estate - Launceston
Bellerive
17 Wentworth Street, 4-bedroom house, PT, UndisclosedAgency - Harcourts Signature - Rosny Park
25 Maluka Street, 3-bedroom house, PT, Undisclosed
Agency - Harcourts Northern Suburbs - Glenorchy
Bridgewater
17 Walker Crescent, 3-bedroom house, PT, $425,000
Agency - 4one4 Property Co. - GLENORCHY
Brighton
12 Curtain Court, 3-bedroom house, PT, $690,000Agency - Raine & Horne Northern Suburbs - MOONAH
5 Dollery Court, 3-bedroom house, PT, $525,000 Agency - Harcourts Northern Suburbs - Glenorchy
55 Andrew Street, 3-bedroom house, PT, $522,000
Agency - Harcourts Northern Suburbs - Glenorchy
Cambridge
14 Ovata Close, 4-bedroom house, PT, UndisclosedAgency - Harcourts Signature - Rosny Park
49 Belbins Road, 1-bedroom house, PT, $600,000
Agency - Petrusma Property
Claremont
8/18 Carnegie Street, 3-bedroom house, PT, UndisclosedAgency - @realty - National Head Office Australia
24 Mason Street, 3-bedroom house, PT, $563,000 Agency - Area Specialist - Tasmania
2/14B Bilton Street, 3-bedroom house, PT, $607,000
Agency - Raine & Horne Northern Suburbs - MOONAH
Cygnet
133 Slab Road, 3-bedroom house, PT, Undisclosed
Agency - EIS Property - Hobart
Deloraine
1/16 Jordan Place, 3-bedroom unit, PT, $580,000Agency - Key2 Property
15 Tower Hill Street, 2-bedroom house, PT, $555,000 Agency - Key2 Property
10 Liddesdale Drive, 3-bedroom house, PT, $670,000 Agency - Elders Real Estate Launceston
30 West Barrack Street, 3-bedroom house, PT, $450,000
Agency - Harcourts Meander Valley - Deloraine
Derwent Park
11 Somerton Crescent, 3-bedroom house, PT, $565,000
Agency - Harcourts Signature - Rosny Park
Devonport
4 Tasman Place, 3-bedroom house, PT, $426,000Agency - Harcourts Ulverstone & Penguin
5 Pine Place, 3-bedroom house, PT, $540,000 Agency - Elders Real Estate - Devonport
74 York Street, 3-bedroom house, PT, $405,000 Agency - Harcourts Devonport & Shearwater - DEVONPORT
13 Percy Street, 3-bedroom house, PT, $690,000 Agency - Harcourts Ulverstone & Penguin
108 Madden Street, 3-bedroom house, PT, $470,000
Agency - Halliwell Property Agents - DEVONPORT
Dodges Ferry
20 Carlton Beach Road, 2-bedroom house, PT, Undisclosed
Agency - Ripple Realty - HOBART
Don
40 Forth Road, 5-bedroom house, PT, Undisclosed
Agency - McGrath Devonport
Dover
14 Pottery Road, 2-bedroom house, PT, $463,000
Agency - TPR Property Group - Huonville
Dromedary
110 Cranes Road, 5-bedroom house, PT, $810,000
Agency - PRD - Hobart
East Devonport
40 Brooke Street, 3-bedroom house, PT, UndisclosedAgency - For Sale By Owner
6 Kiah Place, 5-bedroom house, PT, $423,000
Agency - One Agency Collins Real Estate - DEVONPORT
East Launceston
15A Clementina Street, 3-bedroom house, PT, $512,500Agency - Jodie Faulkner Water | House Real Estate Pty Ltd - BRIDPORT
13 Sussex Street, 4-bedroom house, PT, $1,150,000
Agency - McGrath - Launceston
Eggs And Bacon Bay
47-49 Flakemores Road, 3-bedroom house, PT, $500,000
Agency - Homelands Property - CYGNET
Exeter
2/1 Frankford Road, 3-bedroom unit, PT, $525,000
Agency - Elders Real Estate Launceston
Forth
643 Forth Rd, 4-bedroom house, PT, Undisclosed
Agency - Ulverstone Real Estate - WEST ULVERSTONE
Frankford
86 Beasleys Road, 3-bedroom house, PT, Undisclosed
Agency - Sims for Property - Launceston
Geeveston
27 Rowes Road, 2-bedroom house, PT, $718,500Agency - Homelands Property - CYGNET
50 Judds Hill Road, 1-bedroom house, PT, Undisclosed Agency - Harcourts Huon Valley - Huonville
17 John Street, 3-bedroom house, PT, Undisclosed
Agency - EIS Property - Hobart
Geilston Bay
6 Clinton Road, 5-bedroom house, PT, Undisclosed
Agency - Harcourts Signature - Rosny Park
George Town
122 Macquarie Street, 3-bedroom house, PT, $300,000
Agency - Harcourts - East Tamar
Glenorchy
3/48 Wariga Road, 2-bedroom house, PT, UndisclosedAgency - T.G. Newton Hobart - HOBART
1/4 Badden Court, 2-bedroom house, PT, $535,000 Agency - Harcourts Northern Suburbs - Glenorchy
2/13 Sanders Street, 2-bedroom unit, PT, $385,000
Agency - Roberts Real Estate - Southern Tasmania
Gravelly Beach
29 Taree Crescent, 4-bedroom house, PT, Undisclosed
Agency - Roberts Real Estate - Launceston
Herdsmans Cove
5 Clayton Drive, 3-bedroom house, PT, $400,000
Agency - LJ Hooker - Pinnacle Property
Hobart
7B Harrington Lane, 2-bedroom unit, PT, $690,000
Agency - Petrusma Property
Howrah
30 Glebe Hill Road, 3-bedroom house, PT, UndisclosedAgency - T.G. Newton Hobart - HOBART
30 Banjorrah Street, 3-bedroom house, PT, $699,500 Agency - EIS Property - Hobart
2 Bondi Place, 4-bedroom house, PT, Undisclosed Agency - EIS Property - Hobart
9 Dover Court, 3-bedroom house, PT, $670,000
Agency - Petrusma Property
Howth
165 Albert Road, 3-bedroom house, PT, Undisclosed
Agency - Halliwell Property Agents - DEVONPORT
Huonville
5 Southbridge Place, 3-bedroom house, PT, $796,000Agency - Harcourts Huon Valley - Huonville
4/109 Main Street, 2-bedroom unit, PT, $410,000
Agency - Homelands Property - Huonville
Invermay
4 Darwin Street, 3-bedroom house, PT, UndisclosedAgency - Peter Lees Real Estate - Launceston
52 Holbrook Street, 2-bedroom house, PT, $420,000
Agency - The Agency
Kings Meadows
66 Guy Street, 2-bedroom house, PT, Undisclosed
Agency - Key2 Property
Kingston
6/142 Summerleas Road, 2-bedroom unit, PT, UndisclosedAgency - EIS Property - Hobart
3/6-8 Greenhill Drive, 3-bedroom house, PT, Undisclosed Agency - Raine & Horne - Kingston
399 Village Drive, 2-bedroom unit, PT, Undisclosed
Agency - Harcourts Kingborough
Kingston Beach
12 Nicholas Drive, 3-bedroom house, PT, Undisclosed
Agency - Harcourts Kingborough
Latrobe
1/6 Freda Court, 2-bedroom unit, PT, $417,500Agency - Harcourts Devonport & Shearwater - DEVONPORT
52 Stanley Street, 3-bedroom house, PT, $612,500 Agency - McGrath Devonport
149 Bradshaw Street, 2-bedroom house, PT, $749,000
Agency - Roberts Shearwater Pty Ltd - Shearwater
Launceston
7 St John Crescent, 2-bedroom unit, PT, $530,000
Agency - Sims for Property - Launceston
Legana
2/11 Montague Park Avenue, 2-bedroom house, PT, $590,000Agency - Living Here - Launceston
1/114-116 Bindaree Road, 2-bedroom unit, PT, $470,000
Agency - Sims for Property - Launceston
Lindisfarne
1/88 Gordons Hill Road, 2-bedroom unit, PT, $524,000Agency - Harcourts - Hobart
58 Begonia Street, 3-bedroom house, PT, $800,000
Agency - Petrusma Property
Longford
30 George Street, 4-bedroom house, PT, $540,000
Agency - Roberts Real Estate - Northern Midlands
Longley
1591 Huon Road, 4-bedroom house, PT, Undisclosed
Agency - LJ Hooker - Pinnacle Property
Margate
6/1684 Channel Highway, 2-bedroom unit, PT, Undisclosed
Agency - Stone Real Estate Southern Tasmania
Mayfield
31 Mayfield Street, 3-bedroom house, PT, $365,000
Agency - The Agency
Midway Point
8 Waterview Court, 3-bedroom house, PT, $655,000Agency - Roberts Real Estate - Sorell
3 Oakmont Road, 3-bedroom house, PT, $910,000
Agency - South Property Group
Montrose
27 Huntley Street, 4-bedroom house, PT, $750,000
Agency - EIS Property - Hobart
Mount Nelson
2 Lentara Avenue, 3-bedroom house, PT, $695,000Agency - South Property Group
2/14 Weemala Court, 2-bedroom unit, PT, $557,500
Agency - Roberts Real Estate - Sorell
Mount Stuart
3/18 Clift Street, 2-bedroom unit, PT, $472,500
Agency - Raine & Horne - Eastern Shore
Mowbray
13/73 Foch Street, 3-bedroom house, PT, $495,000Agency - Roberts Real Estate - Launceston
21 Cadorna Street, 4-bedroom house, PT, $495,000
Agency - Living Here - Launceston
New Norfolk
22 Southview Crescent, 3-bedroom house, PT, $430,000Agency - LJ Hooker - Pinnacle Property
31 Southview Crescent, 4-bedroom house, PT, $425,000 Agency - Roberts Real Estate - Southern Tasmania
29 Poulters Road, 3-bedroom house, PT, $560,000
Agency - Petrusma Property
New Town
9 Seymour Street, 3-bedroom house, PT, UndisclosedAgency - Slate Estate Agents
5/5 Marsh Street, 2-bedroom unit, PT, $365,000 Agency - Petrusma Property
11/5 Augusta Road, 1-bedroom unit, PT, Undisclosed
Agency - LJ Hooker - Pinnacle Property
Newnham
117 Viewbank Road, 3-bedroom house, PT, $451,000Agency - The Agency
1/5 Penicola Place, 2-bedroom house, PT, Undisclosed
Agency - Thomas & Associates Tasmania
Newstead
6/115 Penquite Road, 2-bedroom unit, PT, UndisclosedAgency - Harcourts - Launceston
32 Campbell Street, 3-bedroom house, PT, $650,000 Agency - Peter Lees Real Estate - Launceston
7 Tudor Avenue, 3-bedroom house, PT, $530,000
Agency - Living Here - Launceston
Old Beach
17 Riviera Drive, 4-bedroom house, PT, $1,165,000Agency - Petrusma Property
54 Fouche Avenue, 3-bedroom house, PT, $700,000 Agency - Harcourts Signature - Rosny Park
86 Braeview Drive, 4-bedroom house, PT, Undisclosed
Agency - Downton Property - DERWENT PARK
Penguin
106 Pine Road, 3-bedroom house, PT, UndisclosedAgency - Harcourts Ulverstone & Penguin
17 Ashwater Crescent, 3-bedroom house, PT, $596,000
Agency - Harcourts Ulverstone & Penguin
Port Sorell
2/36 Archer Street, 2-bedroom unit, PT, $475,000Agency - Harcourts Devonport & Shearwater - DEVONPORT
15 St Louis Drive, 3-bedroom house, PT, Undisclosed
Agency - Property Circle TAS - DEVONPORT
Primrose Sands
18 Kruvale Court, 4-bedroom house, PT, Undisclosed
Agency - Roberts Real Estate - Sorell
Prospect Vale
7 Buckingham Place, 4-bedroom house, PT, $755,000Agency - Harcourts - Launceston
1/2 Huntingdale Way, 2-bedroom unit, PT, Undisclosed
Agency - Harcourts - Launceston
Queenstown
26 Sedgewick Street, 3-bedroom house, PT, UndisclosedAgency - For Sale By Owner
8 Alfred Street, 2-bedroom house, PT, $85,000 Agency - Harcourts West Coast
33 Urquhart Street, 3-bedroom house, PT, $260,000 Agency - Harcourts West Coast
54 Batchelor Street, 4-bedroom house, PT, $126,000
Agency - Harcourts West Coast
Ranelagh
29 Louisa Street, 3-bedroom house, PT, $680,000
Agency - Harcourts Huon Valley - Huonville
Ravenswood
384 Vermont Road, 3-bedroom house, PT, $375,000
Agency - Living Here - Launceston
Riverside
38 Fairway Crescent, 3-bedroom house, PT, $540,000Agency - Roberts Real Estate - Launceston
6/48 Andrea Place, 3-bedroom house, PT, $528,000
Agency - The Agency
Rokeby
1/15 Matilda Crescent, 3-bedroom unit, PT, $630,000Agency - Petrusma Property
7 Checquers Street, 2-bedroom house, PT, Undisclosed
Agency - PRD - Hobart
Roland
180 Staverton Road, 3-bedroom house, PT, $400,000
Agency - Harcourts Devonport & Shearwater - DEVONPORT
Romaine
2/61 Manuka Drive, 2-bedroom unit, PT, $270,000
Agency - Roberts Real Estate - Burnie
Rosny
44 Balaka Street, 3-bedroom house, PT, Undisclosed
Agency - Harcourts Signature - Rosny Park
Rossarden
9 Coronation Avenue, 3-bedroom house, PT, $280,000
Agency - The Agency
Sandy Bay
5/43 Regent Street, 2-bedroom unit, PT, $510,000Agency - Slate Estate Agents
14 Hatton Gardens, 3-bedroom house, PT, $1,000,000 Agency - Slate Estate Agents
22 Manresa Court, 4-bedroom house, PT, Undisclosed Agency - LJ Hooker - Pinnacle Property
1/9A Coolabah Road, 3-bedroom unit, PT, Undisclosed Agency - Edwards Windsor - Hobart
1&2/1 Quamby Avenue, 4-bedroom house, PT, Undisclosed
Agency - EIS Property - Hobart
Scamander
157 Scamander Avenue, 3-bedroom house, PT, $565,000Agency - Harcourts - St Helens
22 Dune Street, 2-bedroom house, PT, Undisclosed Agency - LJ Hooker - St Helens
8 Cherrywood Drive, 3-bedroom house, PT, Undisclosed
Agency - LJ Hooker - St Helens
Scottsdale
19 Arthur Street, 4-bedroom house, PT, $590,000
Agency - The Agency
Sheffield
7A Annie Place, 3-bedroom house, PT, Undisclosed
Agency - Roberts Real Estate Nicholson
Somerset
8 Ronald Crescent, 3-bedroom house, PT, UndisclosedAgency - Harcourts - Burnie
70 Pelissier Street, 3-bedroom house, PT, Undisclosed
Agency - Harcourts - Burnie
Sorell
1/9 Dodges Court, 2-bedroom unit, PT, UndisclosedAgency - Roberts Real Estate - Sorell
101 Main Road, 3-bedroom house, PT, Undisclosed
Agency - Area Specialist - Tasmania
South Arm
24 Roaring Beach Road, 4-bedroom house, PT, $715,000
Agency - Petrusma Property
South Hobart
338 Macquarie Street, 2-bedroom house, PT, $735,000
Agency - Petrusma Property
Squeaking Point
41 Elphin Drive, 3-bedroom house, PT, $890,000
Agency - LJ Hooker - Devonport
St Helens
21 Tully Street, 3-bedroom house, PT, Undisclosed
Agency - LJ Hooker - St Helens
St Marys
23 Newman Street, 2-bedroom house, PT, Undisclosed
Agency - LJ Hooker - St Helens
Stony Rise
1 Allison Court, 3-bedroom house, PT, Undisclosed
Agency - Harcourts Devonport & Shearwater - DEVONPORT
Stowport
3 Bower Circuit, 3-bedroom house, PT, UndisclosedAgency - Harcourts - Burnie
318 Natone Road, 3-bedroom house, PT, $575,000
Agency - The Agency
Surveyors Bay
6 Dunn Drive, 2-bedroom house, PT, $370,000
Agency - Homelands Property - Huonville
Tolmans Hill
10/97 Woodcutters Road, 4-bedroom house, PT, Undisclosed
Agency - Petrusma Property
Tranmere
4 Parrott Place, 5-bedroom house, PT, $1,250,000
Agency - EIS Property - Hobart
Trevallyn
12 Bowen Avenue, 3-bedroom house, PT, $540,000Agency - Harcourts - Launceston
11 Osborne Avenue, 5-bedroom house, PT, Undisclosed
Agency - Ray White - Launceston
Tugrah
3 Collins Way, 4-bedroom house, PT, Undisclosed
Agency - Property Circle TAS - DEVONPORT
Turners Beach
11 Esplanade, 4-bedroom house, PT, Undisclosed
Agency - McGrath Devonport
Ulverstone
5/16A William Street, 3-bedroom unit, PT, $485,000Agency - Harcourts Ulverstone & Penguin
39 Walker Street, 3-bedroom house, PT, $395,000
Agency - Elders Real Estate - Ulverstone
Upper Burnie
11 Crowe Street, 3-bedroom house, PT, $480,000Agency - Jenrew Real Estate - BURNIE
1/33 Thorne Street, 2-bedroom unit, PT, $450,000
Agency - Elders Real Estate Burnie -
Warrane
1/115 Bligh Street, 3-bedroom unit, PT, $505,000
Agency - Petrusma Property
West Hobart
85A Newdegate Street, 2-bedroom house, PT, $750,000Agency - EIS Property - Hobart
25 Whelan Crescent, 2-bedroom house, PT, $870,000 Agency - Insitu Property - Hobart
5 Dalton Avenue, 3-bedroom house, PT, $1,000,000 Agency - Insitu Property - Hobart
125 Warwick Street, 2-bedroom house, PT, $739,000 Agency - 4one4 Property Co. - GLENORCHY
6A Minallo Avenue, 3-bedroom house, PT, Undisclosed
Agency - Fall Real Estate
West Kentish
627 West Kentish Road, 3-bedroom house, PT, Undisclosed
Agency - Roberts Real Estate Nicholson
West Launceston
11 Fraser Street, 4-bedroom house, PT, $723,000
Agency - Harcourts - Launceston
Westbury
9 Lyall Street, 3-bedroom house, PT, $379,000
Agency - The Agency
Western Junction
417 Evandale Road, 3-bedroom house, PT, $355,000
Agency - Town & Country Real Estate Tasmania
White Beach
23 Beach Street, 2-bedroom house, PT, $450,000
Agency - Kate Storey Realty - SORELL
Wilburville
18 Wilburville Road, 2-bedroom house, PT, Undisclosed
Agency - Howell Property Group - Residential
Wilmot
41 Main Street, 3-bedroom house, PT, $388,000
Agency - Halliwell Property Agents - DEVONPORT
Wynyard
Unit 1/17 Wynyard Esplanade, 2-bedroom house, PT, UndisclosedAgency - LJ Hooker - Wynyard
1/14 Millpond Court, 3-bedroom unit, PT, $510,000 Agency - Sonya Baker Property - WYNYARD
91 Inglis Street, 3-bedroom house, PT, $485,000 Agency - VIEW Wynyard - WYNYARD
9A Kingsmill Street, 3-bedroom house, PT, Undisclosed Agency - Sonya Baker Property - WYNYARD
32 Bowick, 3-bedroom house, PT, Undisclosed
Agency - Property Now - BRISBANE CITY
Track the value of your home today. realestate.com.au/track HyperLocal
The deaths of Ross John Buckley, Reeda Chung Gon and Brent William Willing have been announced in the The Mercury's My Tributes. Read the latest death notices here. HyperLocal
Funerals for Merle Park, Sandra Michelle Parker and Ross John Buckley will be held in in Hobart this week. Read the latest funeral notices here.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Courier-Mail
17 hours ago
- Courier-Mail
Revealed: The hidden cost of Australia's ute tax breaks compared to EVs
Don't miss out on the headlines from Motoring. Followed categories will be added to My News. OPINION: We've all seen the headlines: electric vehicle (EV) tax breaks are costing taxpayers billions. According to Government modelling, the Fringe Benefits Tax (FBT) exemption for EVs, alongside other related perks, is forecast to cost Australians $23.4 billion by 2036. That's a staggering figure, especially when you consider this policy only began in July 2022. As the Productivity Commission highlighted in its second report, the cost of the EV FBT exemption has blown out from an initial forecast of $55 million per year to a staggering $560 million, leading to calls to scrap it. But have you ever wondered about the figures for subsidising big, diesel and fuel-chugging utes over the past decade? Well, that number doesn't exist. RELATED: What Albo's new road tax means for you 2025 Ford Ranger Wildtrak PHEV. Picture: Supplied While policymakers and commentators are lining up to slam EV incentives as 'inefficient' or 'costly', Australia's longstanding love affair with utes is being ignored. HUGE COST OF UTES IGNORED These vehicles, which make up four of the top five best-selling models in the country, are quietly driving away with generous tax perks – and Aussies are paying for it. Under Australia's tax system, commercial vehicles, such as dual-cab utes, can claim a Fringe Benefit Tax exemption, provided they're used 'primarily' for work. But the rules are so vague, that many use utes for personal reasons, which is allowed as long as it's 'minor, infrequent, and irregular'. In reality, many of these utes aren't ferrying tradies and tools. They're doing school drop-off, towing jet skis, and sitting in suburban streets. According to the Australian Institute, there are 1.5 times more utes on the road than there are actual tradies, which suggests a lot of people are claiming a tax break for a 'tool of trade' that's really just a big, comfy family car. MORE: New ute to spark price war Federal Treasurer Jim Chalmers during Prime Minister Anthony Albanese opening remarks at The Economic Reform Roundtable at Parliament House in Canberra. Picture: NewsWire / Martin Ollman It's not just FBT, utes also avoid the Luxury Car Tax, even if they cost well over six figures, because technically, they're not 'passenger vehicles'. So you can buy a RAM 1500 and avoid paying LCT, while someone buying a more efficient EV might get slugged. In 2023, high-end American-style utes alone cost Australians over $250 million in foregone revenue from the Luxury Car Tax, according to a report by the Australia Institute. That figure doesn't even count the tax revenue lost from the FBT exemption. Australia Institute research director Rod Campbell said Australia is subsidising 'big, dumb utes by hundreds of millions of dollars each year'. 'These vehicles are damaging roads, reducing safety and increasing emissions, yet they are given a massive tax break,' he said. I'm not ignoring the $23 billion figure attached to EV tax breaks, including FBT exemptions, import tariff relief, and other incentives but these tax breaks are designed to make EV ownership more accessible and affordable, particularly through novated leasing. MORE: Chinese brand moves into Holden's home A driver charging his car at an EV charging station in Caringbah. Picture: Jonathan Ng According to the National Automotive Leasing and Salary Packaging Association, more than 100,000 Australians have taken up an EV novated lease since mid-2022. These policies are critical to making EVs accessible, especially as the upfront costs are a little higher than petrol and diesel equivalents. These EV tax breaks are part of a broader push by the Federal Government to reach net zero by 2050, with transport making up 20 per cent of national emissions. HALF-PREGNANT APPROACH But the Productivity Commission's report now recommends scrapping the EV FBT exemption, arguing it's too costly and now 'duplicative' with the New Vehicle Efficiency Standards (NVES). Sure … the (NVES) will encourage automakers to import cleaner cars into the market, but that's only half the battle. If consumers aren't incentivised to buy them, nothing changes. You need both; one brings supply, the other brings demand. BYD electric cars for export waiting to be loaded onto a ship at a port in Yantai, in eastern China's Shandong province. (Photo by AFP) / China OUT As the Federal Chamber of Automotive Industries (FCAI) noted, without continued consumer support, the 'continuation of current customer buying preferences will inevitably lead to the accrual of substantial penalties.' Automakers can't just absorb these costs; they will likely have to raise prices on popular models, reduce their availability, or exit the market altogether. Countries that have successfully transitioned to high EV adoption rates such as Norway, have almost always used both strong efficiency standards and generous consumer incentives. Relying solely on one or the other often leads to slower progress. So if we're serious about being fair and decarbonising the transport sector, then shouldn't we be looking at everything? Including utes. So why are we ignoring the ute loophole? Is it because it's politically uncomfortable? Talking about utes means comforting one of Australia's most beloved vehicle segments. Tradies vote and Aussies rely on them. If the Federal Government decides to pull EV tax breaks now, while leaving the ute loophole wide open, that's like turning off a light in a room and calling it a major win for energy efficiency. We need better policy and smarter decisions. Originally published as EV cuts loom while Aussies pay for ute tax
Herald Sun
a day ago
- Herald Sun
Revealed: The shocking gap between city and bush cost of living pressures
Don't miss out on the headlines from Bush Summit. Followed categories will be added to My News. The cost of living crisis is hitting harder in the bush than it is in the city, with two out of five regional residents struggling to make ends meet and barely one in ten feeling comfortable with their finances. Regional Australians love their quality of life – 77 per cent rate it as excellent, very good or good. But according to the Mood of the Bush survey, this has fallen since last year, and city slickers are now marginally more likely to be happier. The survey – conducted by SEC Newgate for the Bush Summit series – found 69 per cent of regional Australians named the cost of living as the issue of most concern to them, which was overwhelmingly ahead of housing affordability, crime and healthcare. Nationally, three-quarters of those surveyed said reducing cost increases for household bills and other essential expenses was their top priority, with 41 per cent of those in the regions having difficulty paying their bills compared to 35 per cent in metro areas. Lauren and Zac Jackson, with kids Shari, 4 and Rayner 2, love living in the bush but there are challenges. Picture: Jake Nowakowski In regional Victoria, 45 per cent of those surveyed said they were currently experiencing financial difficulties, compared to 31 per cent in the state's metropolitan areas. The survey found 73 per cent of regional Victorians considered reducing cost increases for household bills and other essential expenses to be 'extremely important', while 66 per cent said the same for investing more to ensure quality affordable healthcare. The mood in regional Victoria was also considerably more pessimistic compared to the national result, with 62 per cent saying they were currently feeling negative emotions including 'anxious' and 'stressed' compared to 56 per cent nationwide. Quality of life for those in regional Victoria has also gone backwards, with the proportion of those rating it as at least good dropping from 82 per cent last year to 75 per cent now. That figure is the lowest for any regional area around the country. Foodbank Australia chief executive Brianna Casey said regional families and single-parent households that were 'just getting by' were now slipping through the cracks. 'We warned at the beginning of the cost of living crisis that low-income households were always going to suffer first, worst and for the longest,' she said. 'But what we're also seeing is single-parent families and those in regional communities that were just getting by, now reaching their limits and making unimaginable choices.' Foodbank Australia chief Brianna Casey said regional families are slipping through the cracks. Picture: Supplied SEC Newgate research director Peter Collingridge said that while the cost of living was still a 'major concern', the level of stress recorded had declined slightly from last year's result, which could signal a 'turning point'. 'It's obviously the highest concern that's mentioned by people in both regional Australia, more broadly, but it's just come off the boil, just a fraction,' he said. 'Last year, it was 74 per cent around the same time … Potentially with interest rates on the way down, there's a little bit of light at the end of the tunnel for people.' Ms Casey said challenges with mobility and travel seemed to be a key contributor to the inability for families to afford enough food, according to separate Foodbank research. Last year, 20 per cent of regional Australians struggling with food insecurity cited 'limited access/ability to travel and get food' as a contributor, while only 14 per cent of metropolitan residents pointed to the same issue. Respondents said there was often not enough money for food after bills, car repairs, medical costs and insurance. Lauren never dreams of a life beyond the bush, but there are downsides Numurkah resident Lauren Jackson grew up in the country and wouldn't want any different for her kids – yet she admits rural living has its downsides. Originally from Gippsland, Ms Jackson moved seven years ago with her husband Zac to a cattle depot in Numurkah, 35km north of Shepparton. Zac and Lauren Jackson with daughters Shari and Rayner and dog Bobby. Picture: Jake Nowakowski Now their kids Shari and Rayner are growing up learning what it means to live in a country town: hard work, looking after animals and getting to know their neighbours. 'They learn a lot from living on a farm,' Ms Jackson said. 'We're horse people, so they have learned to look after their animals. 'They socialise a lot and know how to talk with adults, we've got a really good community around here – everyone knows everyone.' While she has never dreamt of life beyond the bush, Ms Jackson still concedes there are some drawbacks. 'Childcare is probably an issue — it's a little limited here,' she said. 'A lot of people have difficulty getting their kids into childcare. 'The roads are also quite bad, there has not been much care for them … Especially between Shepparton and Seymour, the roads are really bad.' Even still, Ms Jackson and her husband can't think of a better setting to raise their children. 'We believe this is the best sort of upbringing for our kids,' she said. 'The thought of moving closer (to the city) has never crossed our minds.'
Herald Sun
2 days ago
- Herald Sun
Break it Down: Magnetic Resources
Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. Stockhead's Break it Down brings you today's leading market news in under 90 seconds. In this episode, Tylah Tully takes a look at Magnetic Resources (ASX:MAU) and its raising of $35 million in a strategic placement to to take its Lady Julie gold project to production in the Laverton goldfields. Watch the video to learn what the funds will be used for. While Magnetic Resources is a Stockhead advertiser, it did not sponsor this content. Originally published as Break it Down: Magnetic secures $35M to drive Laverton gold largesse
