Australian PM Morrison: Small business instant asset write-off increased

Dhwani Mehta FXStreet

The Australian Prime Minister (PM) Morrison is out with a statement on Tuesday, announcing increases the instant asset write off threshold for small business from AUD 20k to AUD 25k.

No further details are mentioned on the same.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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