Green car deal a win

Townsville Bulletin - - NEWS -

PEO­PLE look­ing for an energy- ef­fi­cient car may be el­i­gi­ble for a dis­counted loan af­ter a $ 50 mil­lion agree­ment was struck. Aus­tralian len­der Firstmac and the Clean Energy Fi­nance Cor­po­ra­tion have agreed to pro­vide cheaper loans for mea­sures to re­duce emis­sions, in­clud­ing build­ing up­grades and so­lar in­stal­la­tions. Firstmac man­ag­ing di­rec­tor Kim Cannon said about $ 25 mil­lion would be spent on cheaper loans for en­vi­ron­men­tally friendly cars.

Low- emis­sion car loans will be avail­able at a rate of just un­der six per cent.

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