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Instant asset write-off cut shocks small businesses

Federal government cuts instant asset write-off scheme for 2025-26, reducing asset threshold from $20,000 to $1,000.

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Federal government cuts instant asset write-off scheme for 2025-26, reducing asset threshold from $20,000 to $1,000.

In Short

The federal government has cut the instant asset write-off scheme for the 2025-26 budget, with the $20,000 threshold set to revert to $1,000 if new legislation isn’t passed by June 30, 2026.

The decision raises concerns for small businesses and has sparked debate ahead of the upcoming federal election, despite government efforts to support them with other initiatives.

The federal government has reduced the instant asset write-off scheme for the 2025-26 budget year.

The current $20,000 asset threshold will not be extended, raising questions about the future of the policy.

If new legislation is not enacted by June 30, 2026, the threshold will revert to $1,000, affecting asset depreciation for purchases above that amount.

This budget decision poses challenges for small businesses planning capital upgrades in the latter half of 2025.

Write-off

Industry representatives had advocated for significant extensions to the write-off, which is likely to be a contentious topic leading up to the federal election on or before May 17.

The government is currently attempting to pass the legislation for the extension announced in last year’s budget, aimed at small businesses with annual turnovers under $10 million.

This legislation would allow businesses to instantly depreciate eligible assets valued at up to $20,000.

However, tension between the government and Opposition has delayed the law’s passage.

Small business advocates had hoped for a permanent extension to remove uncertainty around the tax break.

Despite this uncertainty, the government highlighted its previous support for small businesses through past asset write-off extensions.

In addition, new initiatives include a $150 energy rebate and the National Small Business Strategy to further support the SME sector.

Minister for Small Business Julie Collins reaffirmed the government’s commitment to bolster Australia’s small business sector.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Money

Markets tumble as Trump tariffs, Greenland rhetoric and Europe backlash collide

U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.

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U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.


U.S. equities took a sharp hit as markets reacted to renewed tariff threats and heightened political rhetoric from President Donald Trump. The Dow plunged more than 800 points, with the S&P 500 and Nasdaq also sliding as investor nerves rattled risk assets.

The sell-off highlights growing concern around global trade tensions and geopolitical uncertainty, with markets struggling to price in what comes next for U.S. economic leadership and policy direction.

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Money

Gold hits record highs as investors flee risk

Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.

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Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.


Gold is shining brighter than ever as investors flock to safe-haven assets amid global uncertainty. U.S. gold futures for February delivery jumped 1.71% to $4,674.20 per ounce, while spot gold rose 1.6% to $4,668.14.

The surge comes as geopolitical tensions continue to worry traders, prompting a rush into metals perceived as stable and secure. Analysts say gold is proving its status as the ultimate hedge during turbulent times.

Investors are closely watching markets as gold sets new benchmarks, signalling growing caution across the financial landscape.

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Markets edge higher as 10-year yields hit new highs

Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.

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Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.


All major stock indices are starting the week slightly higher, giving investors cautious optimism. Analysts are keeping an eye on movements in small caps and mega-cap tech stocks amid these early gains.

The yield on the 10-year Treasury note has climbed to 4.23%, the highest since last September. This follows Kevin Warsh emerging as the frontrunner for the next Federal Reserve Chair, sparking speculation on future monetary policy.

Rising yields could trigger a pullback in small-cap stocks, while investors may pivot toward mega-cap tech, expected to deliver strong earnings growth. Overall, the market is likely to see a neutral to slightly bearish trend next week due to overbought conditions.

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