Why are low-income workers paying for rich people’s EVs?

In March, Australians purchased 15,839 new electric vehicles, a 42 percent increase from February. The Labor government's fringe benefit tax break for EVs, intended to foster green transport, has disproportionately benefited high earners, with 48.2 percent of buyers earning over $150,000 annually. Critics argue the scheme now costs taxpayers significantly more than initially anticipated.

Summary by Glance · The Age