Drivers warned: Price hikes are coming! Here’s why
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For many drivers, a financial shock may be on the horizon as government fees are set to rise.
After a 12-month freeze, the new administration is preparing to end the reprieve.
Here's what that means for your wallet come July 1.
After a year of price freezes on government services, including driver’s licence fees and fines, Queensland drivers were warned of looming cost increases.
The freeze, which was introduced by the former Queensland Labor government in response to the cost-of-living crisis, was set to provide some relief for residents.
However, with the Liberal government now in power, the freeze was lifted, and price hikes were scheduled to take effect from 1 July.
Treasurer David Janetzki emphasised the government’s efforts to restore the state's finances after the previous government's cost-of-living measures.
In his statement, Janetzki said: ‘The Crisafulli government is working tirelessly to repair the state’s finances after a decade of Labor’s fiscal vandalism, and that includes restoring respect for taxpayers’ money.’
The 3.4 per cent increase is in line with previous hikes under Labor but exceeds Brisbane's annual consumer price index (CPI) of 2.7 per cent for the March quarter.
The new fees include a rise in the cost of a five-year driver’s licence, from $198.35 to approximately $205.10.
Despite the increase, car registration costs were exempted from this hike, with the current 20 per cent discount to remain in place until 16 September 2025.
Once that discount expires, car registration prices will rise by 3.4 per cent.
Currently, the cost to register a four-cylinder car, including compulsory third-party insurance and traffic improvement fees, stands at $708.
In a previous story, we covered how rising costs are impacting Aussies, with some set for a cash boost.
While price hikes are on the horizon for Queensland drivers, this financial relief might provide a bit of balance.
To see how the cash boost could affect you, check out the full details.
As drivers brace for these changes, how will the new fees impact your budget? Share your thoughts in the comments below.
After a 12-month freeze, the new administration is preparing to end the reprieve.
Here's what that means for your wallet come July 1.
After a year of price freezes on government services, including driver’s licence fees and fines, Queensland drivers were warned of looming cost increases.
The freeze, which was introduced by the former Queensland Labor government in response to the cost-of-living crisis, was set to provide some relief for residents.
However, with the Liberal government now in power, the freeze was lifted, and price hikes were scheduled to take effect from 1 July.
Queensland drivers warned of looming fee hikes. Image source: NewsWire/John Gass
Treasurer David Janetzki emphasised the government’s efforts to restore the state's finances after the previous government's cost-of-living measures.
In his statement, Janetzki said: ‘The Crisafulli government is working tirelessly to repair the state’s finances after a decade of Labor’s fiscal vandalism, and that includes restoring respect for taxpayers’ money.’
The 3.4 per cent increase is in line with previous hikes under Labor but exceeds Brisbane's annual consumer price index (CPI) of 2.7 per cent for the March quarter.
The new fees include a rise in the cost of a five-year driver’s licence, from $198.35 to approximately $205.10.
Despite the increase, car registration costs were exempted from this hike, with the current 20 per cent discount to remain in place until 16 September 2025.
Once that discount expires, car registration prices will rise by 3.4 per cent.
Currently, the cost to register a four-cylinder car, including compulsory third-party insurance and traffic improvement fees, stands at $708.
In a previous story, we covered how rising costs are impacting Aussies, with some set for a cash boost.
While price hikes are on the horizon for Queensland drivers, this financial relief might provide a bit of balance.
To see how the cash boost could affect you, check out the full details.
As drivers brace for these changes, how will the new fees impact your budget? Share your thoughts in the comments below.
