Fair chance that instant asset write off will be extended by another year to capture the broader range of businesses up to $500m in turnover IMO.
It will be political suicide if the government turns the tap abruptly off as suggested here...
From 1 January 2021 the instant asset write-off will only be available for small businesses with an aggregated turnover of less than $10 million and the threshold will be $1,000.
https://www.ato.gov.au/Business/Dep...-small-business/Instant-asset-write-off/#Note
Budget on 6 oct will clear things up.
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Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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4 | 70 | 37.640 |
5 | 67 | 37.630 |
3 | 106 | 37.620 |
1 | 41 | 37.610 |
Price($) | Vol. | No. |
---|---|---|
37.690 | 145 | 9 |
37.700 | 60 | 4 |
37.710 | 67 | 2 |
37.720 | 15 | 1 |
37.730 | 138 | 4 |
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