COMMENT: The scam in the Government's plans to subsidise electric vehicles is to be found in the statement from Julie Anne Genter that it will be cost neutral. The extra cost of the petrol cars will offset the subsidies of the EVs.
How on earth can she know that? She can't, of course, she made it up. She wouldn't have the slightest idea what the cost of all this is.
Why? Because she has no idea who is going to buy an EV, who is going to buy a hybrid, who isn't going to buy a Range Rover, and who isn't going to buy a Hilux.
What if no one ever buys a Range Rover again and they all bail and go save $8000 on Nissan Leafs? There is no tax, therefore there is no offset - therefore you and I are suddenly paying for a fleet of subsidised cars.
This is the sort of economic, fiscal simplicity that has got this lot in trouble over, and over again. How hard could building 100,000 houses be? The same naive outlook has been applied here.