- All Queensland light vehicle owners are set to benefit from a 20 per cent cut to rego over the next 12 months.
- Reduced rego costs for light vehicles have now begun appearing on renewal notices issued from 5 August 2024 for regos due from 16 September 2024.
- In Bundaberg, locals are set to save over $9 million on rego over the next 12 months.
Premier Steven Miles has joined Bundaberg MP Tom Smith to celebrate the rollout of the Miles Government's massive 20 per cent cut to rego costs.
The 20 per cent discount has been applied to light vehicle registration renewals issued since Monday (5 August), for regos due from 16 September 2024. These can be paid anytime up until the due date.
More than 127,000 eligible vehicles are registered to private owners and businesses through the Bundaberg Regional Council area.
Savings range between $69.35 for a one – three-cylinder vehicle, including electric vehicles and nearly $200 on a seven – eight cylinder vehicle.
Most Queenslanders will save almost $85 for a standard four-cylinder car, the most common vehicle in Queensland,
The mammoth cost of living initiative is funded through a $435 million package, delivered as part of the 2024 State Budget.
It's one of a number of savings and concessions provided to Queenslanders – totalling more than $11 billion this financial year.
Already, $1,000 energy bill rebates have been credited to Queensland households – increasing to $1,372 for eligible concession card holders – and all public transport fares have been slashed to a flat 50 cent fare.
All light vehicles and trailers are eligible for the 20 per cent discount, regardless of use, benefitting individuals and businesses alike.
Concession card holders will receive the 20 per cent cut on top of their existing discount already provided by the State Government.
As stated by Bundaberg MP Tom Smith:
"When we said we were delivering record cost of living relief we meant it.
"First it was our $1000 energy rebates and 50 cent public transport fares and now we are taking 20% off your rego.
"Rego is another essential bill, giving hard working Queenslanders a 20% discount, will put money back into the pockets of Bundaberg families.
"This can all be done because we are making multinational mining companies pay their fair share."
As stated by Premier Steven Miles:
"My government is proud to be putting money back in the pocket of as many Queenslanders as possible, because that's what matters.
"We're using the super profits from multinational mining companies to give Queensland drivers a 20 per cent discount off rego.
"The good news – everyone is set to benefit over the next 12 months. If you've just paid your registration recently, you'll benefit on your next renewal.
"My government has backed this plan with a $435 million investment."
