Posts

Automated factory machinery that can be expensed using the Productivity Mega Deduction

New Productivity Mega Deduction to allow 100 per cent expensing of expanded range of capital assets

The federal government yesterday announced a significant new measure that will allow the immediate expensing of a broader range of depreciable property. The Productivity Mega Deduction builds on Budget 2025’s Productivity Super-Deduction (PSD) and is proposed as a permanent measure. Draft legislative proposals were released alongside the announcement, but the measure has not yet been enacted. […]