House debates

Thursday, 27 March 2025

Questions without Notice

Instant Asset Write-Off

2:42 pm

Photo of Sussan LeySussan Ley (Farrer, Liberal Party, Shadow Minister for Women) Share this | Hansard source

They were shamed into passing legislation to extend it to the end of this financial year. But there is still no money budgeted for its extension for next financial year. Will Labor support coalition efforts to make the instant asset write-off permanent, including by lifting the amount small businesses can depreciate to $30,000?

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