A Matthew Guy Liberal Victorian government will give red P-platers a $295 “rego”saving by scrapping the registration component for first-year drivers.
Red P platers will pay just the TAC component that helps people injured in vehicle crashes.
For many young Victorians, owning a car is essential when starting in the workforce, taking up a trade or further studies.
Around 50,000 Victorians are issued their Red P-Plate each year. There are typically around 50,000 Victorians on a Red P-Plate at any given time.
This small but important saving will help young Victorians get back in control of their finances at a time when many are struggling with the costs of life after school.
Victorians can’t afford four more years of more Labor taxes that will put even more pressure on household budgets.
In the last four years under Daniel Andrews, Victorians have been slugged with sky-rocketing electricity and gas price hikes as well as 12 new or increased taxes.
The red P platers commitment is one of the ways a Liberal Nationals Government will ease the cost of living squeeze.
As well, the Liberal Nationals will provide free school books for all secondary students at public schools that will save families around $2,800 a student throughout secondary school.
Victorian households also will save up to $100 a year on their water bills through better management of the water corporations, and the Liberal Nationals will use bulk-buygin ‘people power’ to deliver cheaper gas and electricity costs for over 900,000 low income earners, which could mean annual savings between $250 and $530.