Australia Bank will stop petrol and diesel car loans from 2025

[{"selector":"#anim-44c3bbdf-07d5-4817-8931-a16504c492d7","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-94eb7a79-e932-4162-84e9-2a565d715320","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4723b890-f2dc-4a86-b2b0-b1c726e24f47","keyframes":{"transform":["translate3d(-122.9682%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f4b82e69-b7a4-41ae-b5e5-3b72af98b0d5","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-758cd9d8-0dd3-4cd0-86be-9d24b491e373","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d0a4487e-6953-46fa-bead-e1b385bbf2f7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Customers-owned Bank Australia will stop petrol and diesel car loans starting in 2025.

[{"selector":"#anim-98bf9d00-78ae-4cf6-9a28-c2cc365e0716","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f9380e6e-fdc5-4626-a0de-578809bcfbcf","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2c253d2a-e48f-4f9b-b672-e52e57f4c8c0","keyframes":{"transform":["translate3d(-122.9682%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c0c88472-ade5-443b-ac11-4383d7d122ad","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3e44a636-d9d8-47dd-ac52-c13e853c3d4b","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f2e85963-d6da-4adf-b518-f3d83d945680 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.870099217733638%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Chief Impact Officer Sasha Courville said this was to help decarbonise the economy.

[{"selector":"#anim-459c498f-8196-4a58-8143-8d30843fa9e4","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b55a21ad-24d0-4787-a020-9757f1e8e892","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f3348e42-d0c8-4402-bdc0-0af097ee5efe","keyframes":{"transform":["translate3d(-122.9682%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c6ee2862-96c3-4136-b0ab-6dd92ed8fe4a","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b682b5e6-faa1-4027-96ff-bf8d40100826","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7fe992c2-7072-4663-a48f-58a1d1a37c69 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Ministers from the Federal government Chris Bowen, Catherine King have made public announcements of new EV policies.

[{"selector":"#anim-e10afd38-524b-44a3-9d2b-9f9b5cceff58","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-50c4822b-2bf5-45b2-8d38-bc2f51e73907","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fcb74f5a-f4fa-46b3-945d-5975a47a62d4","keyframes":{"transform":["translate3d(-122.9682%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1bd2ffa2-723f-4af2-9df0-da5fb7febe81","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f004531c-a531-4b94-beb7-5c3df6e4c0ee","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7e8af79d-8535-4005-90d6-a6f3dbd2395e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.264648323814615%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] A Australian bank will not be approval of personal loans for automobiles powered by diesel or petrol starting in 2025.

[{"selector":"#anim-0780271b-09a5-4c2f-978e-5a28d34b5565","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-98847950-de5d-4555-bb09-7a5aeff7945b","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fceb0aad-6743-4512-9b04-5a3821caf0c9","keyframes":{"transform":["translate3d(-118.72909%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-86527eff-b74b-410d-b9bb-e2b23baebc3d","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8e05c1fe-a88e-4750-92a4-6c2902289da6","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-701857fb-8df6-4bce-8971-46450b1f95c7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.613814499474171%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] As the federal government announces strict new standards for fuel efficiency.

[{"selector":"#anim-081b4911-fb19-44d0-a107-7a89f4e71a87","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a724be34-4a0f-4b59-81fa-50d18d9835cd","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4c47eee8-4824-42d0-b774-7b18a1b2103f","keyframes":{"transform":["translate3d(-118.72909%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-39aa74ae-ea4f-446c-88ce-e5466de6d617","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e4df1bb2-ea34-469b-96b2-242897f982fe","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-81e675ee-34d9-4fca-990b-952f69afb7e7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Electric vehicles this year hold only 1.6 percent market share, even if Tesla sales were counted at a starting price of $47,000 .

[{"selector":"#anim-c5b99e03-1a91-4e43-aba9-f67a16a4b3b7","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ad850af1-9246-49e4-983e-5a372890fb6a","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-91f2c84f-a3c0-40c7-acdd-b373d1498598","keyframes":{"transform":["translate3d(-122.9682%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-509caddb-5346-44ec-9d94-3a597335702f","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-705196b6-803b-4c1e-a468-69b5a3976d65","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-687a69d6-537e-4f74-a297-df1de6f5ef48 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.246337776828504%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The bank owned by customers Bank Australia wants to change the way it operates in order to cut carbon emissions due by climate change.

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Energy Minister Chris Bowen and Transport Minister Catherine King jointly announced that new standards for fuel efficiency would be implemented as part of the National Electric Vehicle Strategy.

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In addition to Russia, Australia is the only OECD country that does not have or currently formulating, standards for fuel efficiency in their joint press release stated.

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