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Vehicle Registration Initiatives (VRI)

18-Jun-2014 10:24 | Deleted user

The NSW Government is considering changes to light vehicle registration, and would like your feedback.


The proposed reforms include the following:


Passenger vehicles: changing the new vehicle registration charge from one based on vehicle weight, to also include vehicle safety and environmental criteria. Safety would be determined by the vehicle’s ANCAP rating and the environmental component by the vehicle’s emissions;


Motorcycles: changing the current flat registration charge to include incentives to purchase motorcycles with lower power-to-weight ratios, and fitted with Anti-lock Braking Systems (ABS);


Caravans and light trailers: reducing the registration charge for light trailers and caravans that currently pay weight tax, and introducing charges for light trailers that pay no weight tax; and


'Continuous’ registration: offering an automated, continuous registration option via online monthly direct debit or credit - effectively providing registration with no expiry date.


Changes to stamp duty and CTP insurance charges as complementary measures to provide additional pricing incentives to consumers to purchase safer and greener vehicles.


The proposed changes would apply to new passenger vehicles, new motorcycles, and to all caravans and light trailers.


Transport for New South Wales (TfNSW) has prepared a public Discussion Paper and Summary Paper describing the reforms. 


To provide feedback, you can: 

Source: Transport for NSW.  Original Article.
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