News & events

Australian motorists have spent the past couple of years riding a familiar rollercoaster: sudden spikes, brief relief, then another bump. The big picture is simple pump prices follow global oil and refining costs but local factors (the dollar, taxes and retail price cycles) can make the ride feel even wilder. Why the latest spike? Heightened [...]

Australia’s fleet sector is entering one of the most consequential regulatory shifts in its history. The New Vehicle Efficiency Standard (NVES), now in force, is quietly reshaping fleet procurement, vehicle availability, and long-term cost structures — even for organisations that believe compliance sits “upstream” with manufacturers. While NVES formally regulates vehicle suppliers rather than fleet [...]

The Australian Tax Office (ATO) has recently established its guidelines on how to calculate the cost of electricity for charging electric vehicles at home for Fringe Benefits Tax (FBT) and income tax purposes. This means that you can now claim 4.2c per km travelled when charging from home. The changes from the draft version include [...]

StreetFleet (head quartered in South Australia) has announced its acquisition of longstanding Melbourne-based competitor Alliance Fleet. Alliance Fleet was established more than 25 years ago and has a strong market presence in Victoria, New South Wales, Queensland, and ACT. The acquisition bolsters StreetFleet’s presence in Victoria with additional staff from Alliance joining StreetFleet’s Melbourne team-based team. The [...]

A mid lease novated transfer refers to the process of transferring a novated lease from one employer to another. The concept of a novated lease is that an employee can lease a vehicle and transfer (novate) their lease obligations to their employer, who then deducts the payments from their pre-tax income (salary package). While novated [...]

With the use of zero emission vehicles growing in Australia, and the recent FBT exemption on EVs, there is a challenge for calculating electricity expense incurred while charging Electric Vehicles (EVs) at home which can be used by employers and individuals for FBT and income tax purposes. To address these challenges on 31st March 2023, [...]

"Can I lease a used vehicle?" - this is a question we get asked a lot here at StreetFleet and obviously, with the current delays in new car deliveries, it is a hot topic at the moment. The short answer is yes, you can lease a used car(you can even lease your own car back [...]

There is a lot of excitement around the new EV FBT exemption that is about to become law. With the rising cost of living including fuel prices, this could provide significant savings to take a Novated Lease on an Electric Vehicle (EV) or to incorporate them into your business fleet, but there are some parts [...]

EVs are currently one of the fastest growing automotive segments globally with a lot of misinformation being thrown around about them coupled with government policy support. Below we have taken some info from the Australian Electric Vehicle Council to help bust some of the more common complaints about EVs. Limited range and takes longer to [...]

Organisations often choose to lease long-term assets rather than buying them. The decision to lease is mainly based on certain factors like necessity, better financial terms, keep the assets off the balance sheet, or the lack of available funding. Operating lease and Finance lease are the two kinds of accounting methods for leases. Both kinds [...]

As part of the AdaptSA Series, Brenton Gowland from Nucleus talks with our National Manager, James Ehmann on post-COVID strategies for businesses in relation to Fleet Management and Vehicle Leasing. Check out the video here

The demand for Electric Vehicles in organisation fleets has become more and more popular with the rise of corporate social responsibility and sustainability of the planet. As part of its Sustainability Plan, Flinders University recently announced the installation of 13 new electric vehicle charge points on its main campus. StreetFleet has proudly assisted Flinders University [...]