2015 Budget – Accelerated Depreciation for Primary Producer’s Analysis
The federal government will sanction all primary producers, an immediate deduction for the cost of new fencing and investment in water facilities (such as dams, tanks, bores, irrigation channels, pumps, water towers and windmills).
The Government will additionally allow primary producers, a 3 year deprecation allowance for all capital expenditure on fodder storage assets (such as silos and tanks used to store grain and other animal feed).
Currently, the effective life of the above mentioned assets are:
- Fences – up to 30 years
- Fodder storage assets – up to 50 years
- Water facilities – 3 years Continue reading
Napier & Blakeley strengthens team
NAPIER & Blakeley has bolstered its Transaction Advisory team with the appointment of Kate Rickards.
Rickards has been appointed senior consultant within the N&B’s Transaction Advisory team and will be based in the Melbourne office.
Rickards’ previous roles have been at AECOM, Philip Chun and Abigroup.
“We’re absolutely delighted to have Kate on board,” National director Rob Howells said.
“With a background in mechanical services design, regulatory compliance and tendering and estimating, Kate makes for an excellent due diligence consultant in our expanding business.” Howells concluded.
Property Review Australia
14 May 2015
