Senate debates

Thursday, 5 February 2026

Questions without Notice

Renewable Energy

2:40 pm

Photo of Matthew CanavanMatthew Canavan (Queensland, Liberal National Party) Share this | Hansard source

This week the government's Clean Energy Finance Corporation has announced that it is funding lower interest rates on purchases of Hyundai and Kia fully electric vehicles. As the CEFC stated, 'eligible customers could save a minimum of 0.5 per cent up to 1.0 per cent on their finance rate across Hyundai and Kia.' Why is the government cutting interest rates for cars made in Korea while the government's reckless spending is driving up interest rates for Australian families who just want to buy a home made in Australia?

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