The Miles Government has announced further cost of living relief for Queenslanders.

Queensland registration fees will be cut by 20 per cent, set to put hundreds back in the pockets of 5.7 million car owners.

The 20 per cent reduction will apply to all light vehicle registrations for a 12-month period from 16 September 2024.

Notice of the 20 per cent discount will start to appear on renewal notices sent to customers from 5 August.

The reduction will apply to the registration fee and the traffic improvement fee for all light vehicles, regardless of purpose of use and will apply to motorcycles and trailers.

It follows Premier Steven Miles putting a freeze on rego costs in December 2023.

The move is backed by a $435 million investment by the State Government, as part of the upcoming state budget.

The reduction will see a 12-month registration bill for a private use four-cylinder vehicle reduce by almost $85, bringing registration fees down to $338.75, excluding CTP.

For vehicles registered on a pensioner concession the reduction will be nearly $50 and will reduce registration fees down to $194.50, excluding CTP.

These reductions will apply in addition to existing concessions – meaning some car owners will get as much as 70 per cent off.

FURTHER INFORMATION:

It is important to note that this reduction will not apply to compulsory third party insurance, which is charged at the point of registration, but is set by the Motor Accident Insurance Commission.