“We've made the $20,000 instant asset write-off permanent, giving some certainty to small businesses.”
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Said on Australian Parliament: House of Representatives
Australian Parliament: House of Representatives · Question Time | 12th October 2026
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Made the $20,000 instant asset write-off permanent to improve small business cash flow
$20,000 write-off; $3.8 billion budget allocation to assist small businesses
“We've made the $20,000 instant asset write-off permanent, giving some certainty to small businesses.”
“We made the $20,000 instant asset write off permanent. So small businesses can invest in the tools and the technology and the equipment that they need to grow.”
“The YAM assets, assuming you are putting in 20% cash as the deposit, ours pay for itself at an 80% LVR. That's our guarantee to our clients.”
“That one was $300,000, and we just financed it out of profits. Out of cash flow.”
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