Novated Leasing

Easy and convenient way to save money when
purchasing and running a vehicle

Why orix novated leasing

Why Choose ORIX

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ORIX is one of Australia’s leading Fleet Management companies, with more than 30 years’ experience. An ORIX Novated Lease is a simple, flexible way for employees to include a vehicle in their salary package.

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What is Novated Leasing?

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Calculate your savings

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Orix award winning technology

Award winning technology

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A Novated Lease is often the most cost-effective way for an employee to include the vehicle of their choice in a salary package. Tax advantages and fleet savings can allow employees to afford the vehicle that suits their lifestyle.

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Benefits of an ORIX Novated Lease

Using ORIX Novated Leasing means you deal with ORIX as both the financier and the manager of the lease services. This means low and transparent interest rates, deep savings on new vehicles and in-life services, and streamlined processes from start to finish. Our practice of honest and full disclosure in all our dealings is the ORIX difference.

How it works

  • An ORIX Novated Lease is a three-way agreement between us, the employer and the employee.
  • The employee chooses the car and we purchase it, taking advantage of fleet discounts to get the best deal.
  • All car payments and running costs are bundled into one simple payment, which is paid from the employee’s salary.
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Novated Leasing

An ORIX Novated Lease helps employees to optimise their salary by providing fleet discounts, GST savings and a flexible and easy way to budget.

With traditional forms of financing, running costs and finance payments are paid with post tax dollars and include GST; with Novated Leasing, many of these costs are paid with pre tax dollars and may not include GST.

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Personal Loans

Traditional personal loans don’t provide fleet discounts or tax savings, nor do they include discounted fuel and maintenance costs.

And unlike Novated Leasing, running costs are usually charged at retail price plus GST. An ORIX Novated Lease is an easy way to have the vehicle that fits any lifestyle – whatever the budget.

Driving employee satisfaction at WSP Australia

When WSP Australia required a new Novated Leasing partner, ORIX provided the support that made a previously complex process easier than ever.

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Orix novated leasing

Some of the industries we work with

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  • Government
  • Mining
  • Mining services
  • Civil construction
  • Infrastructure
  • Utilities
  • Agriculture

Orix for Business Owners

  • Pharmaceuticals
  • Insurance
  • Finance and Banking
  • Manufacturing
  • Telecommunications
  • Technology
  • Not for Profit

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Salary Sacrificing in Australia 2019 Report

According to the Melbourne Institute’s 2019 Household, Income and Labour Dynamics in Australia (HILDA) survey, 84.1 per cent of those surveyed do not engage in salary sacrificing activity of any kind. Download ORIX’s analysis of Key Salary Sacrifice Trends for Employers and Employees.

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How much can be saved?


A Novated Lease offers employees a simple and convenient way of including a vehicle in their salary package.

Finance and running costs are GST-free and collected (in part or in full) from an employees’ gross salary, reducing taxable income and optimising take home pay. Plus, you can save even more, with fleet discounts on vehicle purchase and running costs such as maintenance, tyres and fuel. And you can choose a vehicle that suits your lifestyle and business needs – and keep the vehicle if you change jobs.

Employees can choose any make and model – new, used or a luxury vehicle. ORIX can even purchase their current vehicle and lease it back to them. Although most vehicles are eligible for an ORIX Novated Lease, some vehicles may be ineligible (for example, vehicles older than ten years or greater than 200,000 km by lease end). Please contact an ORIX Novated Leasing Specialist for more information.

ORIX handles personal information according to Australian privacy laws (including those relating to credit reporting). ORIX’s Privacy Policy, Credit Reporting Policy and Statement of Notifiable Matters can be found on the ORIX website. Employees are also asked to complete a Privacy Act Disclosure Statement and Consent Form as part of their lease application. These details are retained securely by ORIX.

Before lease end, ORIX will contact the employee and discuss their options, which may include extending or replacing their vehicle lease.

ORIX sets the residual value based on the lease term, in line with the ATO’s minimum residual value guidelines.

Any surplus or deficit in budget will be calculated and forwarded to the employer within 5 business days, who will then pass this onto the employee via their payroll.

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