The Government has announced the launch of a $1 million scholarship program for first-time car buyers in Sydney.
Key points:The scholarship is being funded by the National Automotive Heritage Trust and will be available to car buyers over the next five yearsThe program will be launched in the coming monthsThe program is open to anyone who can show an interest in driving a new carThe scheme is funded by an $80,000 grant from the National automotive Heritage TrustThe scheme will be open to people from all over the country who have an interest and are willing to drive a new vehicle for at least five years.
The NSW Government has launched the $1,000 scholarship program.
“We want to ensure that all young people can get into the car business and to get the most out of the industry,” NSW Premier Gladys Berejiklian said.
“And to encourage young people to enter the car industry, we’re looking at scholarships.”
The scheme aims to support young people who have the ability to drive, and will also support car buyers from those who have limited financial means.
“It’s about giving people the opportunity to go out and do it, because they can’t afford it,” Ms Berejika said.
The program, which is open until the end of June, is a partnership between the NSW Government, the National Auto Heritage Trust, the Sydney Automotive Group and the National Association of Manufacturers.
“There’s been a lot of interest from a number of different groups, from the community and from car companies, who’ve expressed interest,” Ms Poulter said.’
The car is not a luxury’Ms Poulters sister, who will also be part of the scholarship program, said it was about giving a young person who might not have a lot in the way of financial means the chance to get involved in the car sector.
“The car isn’t a luxury, it’s an investment for people who are determined to get into it,” she said.
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