Materials handling wins in Budget 2019

News Story
- 4 Apr 2019 ( #917 ) - Canberra, ACT, Australia
1 min read
Treasurer Frydenberg
Treasurer Frydenberg
Forklift dealers were among the winners when the government introduced its $20,000 instant asset write-off a few years ago. They will benefit even more from the extension of the measure to June 2020 and the increase to $30,000, which will cover a wider range of forklifts.

CPA Australia head of external affairs Paul Drum says the write-off allowed a business with a turnover of less than $10 million to claim an immediate deduction for a purchase. Significantly, the deduction will now be available to businesses with turnover of up to $50 million - or another 22,000 businesses.

While welcoming the measure, CPA Australia continues to push for the write-off to be made permanent, rather than extended budget to budget, to give business owners greater certainty when planning.

Also welcomed is the increased investment in infrastructure spending, to improve rail links and address road black spots, with the Treasurer naming several projects in major state capital cities and also rural and regional Australia.

The budget includes increasing the Urban Congestion Fund to $4 billion from $1 billion, to cut travel times in Australia's rapidly growing cities.

It also promises $2.2 billion for roads, $1 billion to improve freight routes and access to ports, and $100 million for regional airports.
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It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

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