Budget boost for scheme to encourage investment in farm machinery

Vernon Graham
May 12 2021 - 12:00pm
LOADS OF INVESTMENT: The popular instant asset write-off scheme among farm investors was extended for another year in the federal budget.
LOADS OF INVESTMENT: The popular instant asset write-off scheme among farm investors was extended for another year in the federal budget.

Red-hot investment in new farm machinery and equipment will be given extra fuel by the federal government's decision to extend the popular instant asset write-off scheme until June, 2023.

Vernon Graham

Vernon Graham

National machinery and property writer

Former editor of The Land, former Fairfax Media Agricultural Editor

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