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Used car prices 37pc above pre-COVID highs

Used car prices 37pc above pre-COVID highs
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NSW to go it alone on vehicle emissions standards to avoid becoming dumping ground

Victoria’s Department of Environment, Land, Water and Planning was contacted for comment but did not respond by deadline. Australia’s loose attitude on noxious and CO2 emissions has made the country an outlier within the global vehicle market. Thanks to the regulatory black hole the country has become a dumping ground for thirsty petrol and diesel vehicles that are becoming increasingly difficult to sell elsewhere. The idea of state governments acting independently met a mixed response from industry bodies such as the Federal Chamber of Automotive Industries. Its chief, Tony Weber, said that his organisation supported stricter emissions and fuel quality standards for Australian vehicles, but leaving it up to the states risked creating a patchwork of regulations across the country that would be bad for business.

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