Mar 09 2025 13 mins 4
Mike speaks with Drive.com’s Trent Nikolic about Bank Australia’s decision to stop offering car loans for petrol, diesel, and hybrid vehicles from February 2025.
The move supports its 2035 net-zero goal, urging a faster transition to EVs.
While Bank Australia defends the policy, major banks say they have no plans to follow suit, meaning buyers can still access loans for non-EV vehicles through other lenders.
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