The instant asset write-off threshold of $20,000 has been extended to 30 June 2019.

Until 30 June 2019, the business portion of assets that cost less than $20,000, can be immediately claimed as a tax deduction for businesses with a turnover less than $10 million. Assets that cost $20,000 or more can't be immediately deducted, but are deducted over time using the general small business pool.