The Queensland Government has today announced car registration fees will be cut by 20% as part of efforts to cut cost-of-living pressures for millions of car owners across the state.
The Government says the 20% reduction will apply to all light vehicle registrations for a 12-month period from 16 September 2024.
Notice of the discount will start to appear on renewal notices sent to customers from 5 August, said Premier, Steven Miles.
“Every dollar counts, which is why I’m doing what matters to put money back in the pockets of Queenslanders,” said Mr Miles.
“This initiative will save the 5.7 million light car owners here in Queensland hundreds of dollars over the 12 months – dollars that could be spent on groceries, rent, the mortgage or put into savings.
“20% off rego builds on $1,000 energy rebates going to every Queensland household and 50 cent public transport. These are initiatives I’m proud to be delivering as your Premier.
“I said this budget would be firmly focused on cost of living relief for Queensland, and that’s what we’re delivering.”
The reduction will apply to the registration fee and the traffic improvement fee for all light vehicles, regardless of purpose of use and will apply to motorcycles and trailers.
The reduction will see a 12-month registration bill for a private use four-cylinder vehicle reduce by almost $85, bringing registration fees down to $338.75, excluding CTP.
For vehicles registered on a pensioner concession the reduction will be nearly $50 and will reduce registration fees down to $194.50, excluding CTP.
These reductions will apply in addition to existing concessions – meaning some car owners will get as much as 70% off.
It is important to note that this reduction will not apply to compulsory third party insurance, which is charged at the point of registration, but is set by the Motor Accident Insurance Commission.