The window is open but it won't be for long.
The Australian Government has confirmed the $20,000 instant asset write-off for eligible small businesses for the 2025-26 financial year. If your business has an aggregated annual turnover under $10 million, you may be able to immediately deduct the full cost of eligible assets under $20,000 in this financial year rather than depreciating them over several years. Without further government action, that threshold drops to just $1,000 from 1 July 2026.
That's a significant change. And if you've been putting off infrastructure upgrades or equipment purchases, now is genuinely the time to act.
Start with a property audit
Before you spend a dollar, walk the property with fresh eyes. What has been patched instead of replaced? What piece of infrastructure is costing you time, labour, or stock stress every single season? The write-off rewards decisive investment in genuine business needs - not panic buying - so get clear on your priorities first.
For most producers, the highest-value targets are the pieces of infrastructure that directly impact operational efficiency: access points, stock handling, bulk storage, and soil management.
The products worth considering
Our Concrete Cattle Grid Station Road (including footings) comes in at $7,665.90 - well under the $20,000 threshold and a permanent solution to one of the most time-consuming inefficiencies on a rural property. No more stopping to open gates mid-muster. Once it's in the ground, it's done.
For those managing grain, fertiliser, seed, or pellet storage, the Rapid Plas 1.15T/1,600L Bulk Storage Bin at $2,800 is a serious piece of kit that pays for itself quickly in reduced handling time and product wastage. Critical note: this product carries a 5-6 week delivery lead time. Order now - don't leave it until May and hope for the best.
The deadline is non-negotiable
This is the point most people miss. The asset must be first used or installed ready for use by 30 June 2026. Placing an order before June 30 is not sufficient. If your cattle grid isn't installed or your bulk bin isn't delivered and operational by that date, you miss the deduction for this financial year.
Factor in lead times, installation schedules, and the reality that every other small business in Australia is working toward the same deadline. The earlier you move, the better your chances of getting everything in place in time.
Talk to your accountant first
This article is general information only. Eligibility requirements apply, including the need to use simplified depreciation rules. Speak with your accountant or tax adviser to confirm whether the write-off applies to your specific circumstances and how best to structure your purchases before June 30.
We're here to help you identify the right products, check availability, and work through lead times to give you the best chance of getting your gear in the ground before the deadline.
📞 (07) 4588 6789 | https://australag.au
The Team at Austral Ag
