The National Farmers’ Federation (NFF) welcomes the Federal Government announcement on bringing forward introduction of accelerated depreciation of fodder, fencing and water assets to the night of the Federal Budget. They have responded quickly to the feedback received and NFF congratulates them.
The decision to bring the commencement date forward will be welcome news for farmers and small businesses across the country – particularly those struggling with drought or preparing for El Niño conditions forecast for Eastern Australia.
We acknowledge advocacy by the Minister for Agriculture, Barnaby Joyce, championing these changes.
Ends.
Media Contact: NFF Media on 02 6269 5666, 0408 448 250 or media@nff.org.au
National Farmers’ Federation Australian farmers. Australia’s future.
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