Overview
- Drivers will be able to claim 20% back on 2025/26 registration, worth up to $186 per vehicle or $372 for two, with online claims open June 1 for two months.
- The offer covers light vehicles under 4.5 tonnes, excludes fleet and heavy trucks, and allows up to two claims per registered owner.
- The government says the rebate provides quick cost-of-living relief as fuel prices rise, with payments processed through the Services Victoria website.
- Treasury expects the one-off measure to cost about $750 million in lost revenue, adding to recent free and half-price public transport concessions.
- Premier Jacinta Allan maintains a surplus is still on track, while S&P and independent economists caution that higher oil prices and election-year spending could weigh on the budget and the state’s credit rating.