The federal government announced, on 12 December 2008, a business incentives package designed to boost economic activity and support jobs in Australia. The package includes investments in road, rail and education infrastructure worth in excess of AUD 4.7 billion as well as the following tax changes:
| - | additional deduction of 10% of the cost of new tangible depreciating assets costing more than AUD 10,000 which are acq… |