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Discounts on offer for Tasmanian driver's licenses

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The State Government has announced new concessions for Tasmanian driver licenses, in the wake of soaring cost of living pressures.

There are concessions available for eligible motorists renewing their driver’s licence, with savings as high as $57.80 when renewing a licence for five years.

The discount is applied in line with the length of the renewal so, a one-year extension will save eligible drivers $11.90, two years $23.80, three years $34.00 and $45.90 for a four-year renewal.

Those holding a pensioner concession or health care card, those on a TPI (totally and permanently incapacitated) pension, those with a severe disability and some asylum seekers are all eligible for drivers license concessions.

Once a driver reaches 65 years of age, licence renewals are free (licence card production fee still applies), saving $110.50 for a 5-year renewal.

To find out if you are eligible for the driver's licence concession go to this website, or call 1300 135 513.

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Meanwhile, the cost of fuel is expected to climb once again this September.

The country's new treasurer, Jim Chalmers has all but ruled out continuing relief at the bowser.

He's told the Guardian the Federal Government says the cost of living measure is too expensive, as Labor attempts to tackle a trillion dollar debt.

The average price of unleaded fuel in Tasmania at the time of publishing sits at $2.22/L.

In Hobart, prices are reaching $2.29/L, fuel skyrocketing to $2.40/L in Launceston.

In another blow to vulnerable households, the Reserve Bank is tipped to lift interest rates again this week.

A hike of another 0.5% is expected when it meets on Tuesday.

It will take the current cash rate to 1.35% if passed, as the bank tries to rein in soaring inflation.