The price of Australians’ favourite SUVs, utes and 4WDs will be jacked up by thousands of dollars under Labor’s proposed carbon tax on vehicles.

Industry analysis of Labor’s family car tax predicts the cost of some popular models such as the Toyota Landcruiser could rise by as much as $25,000.

Federal Member for Hume Angus Taylor said Labor’s newest tax will put too many cars out of reach of the average family budgets in Hume.

“During a cost-of-living crisis, the last thing people want to hear is that the Albanese Labor government is going to increase the cost of Australians’ favourite family cars and utes with a great big tax,” Mr. Taylor said.

“If you're a tradie and you're buying vehicles such as a BT-50 or a D-Max or a Hilux or a Ranger, the Albanese Government's family car tax is going to drive up the cost by thousands of dollars.

“Labor’s family car tax will reduce the choice of vehicles available to locals in this region, force up the price of Australia’s top-selling cars and put local jobs at risk as manufacturers threaten to pull out of the market.”

The state’s three favourite vehicles in 2023 were the Toyota Hilux, Ford Ranger and Toyota Rav4 which will each incur a penalty of $14,490, $17,950, & $11,020 (petrol) respectively under Labor’s proposed tax.

Labor’s family car and ute tax will threaten 18,909 local jobs across NSW which will have a disastrous impact on local dealerships right across this region.

ENDS.