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Treasurer eyes depreciation stimulus

Phillip Coorey

A broad-based investment allowance being contemplated by the government would most likely only be available to businesses that increased their investment activity, and it would not come at the expense of the planned budget surplus.

The Australian Financial Review can confirm such a policy is under active consideration by the government as it seeks to help business improve productivity in the absence of being able to deliver company tax cuts.

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Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com

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    Original URL: https://www.afr.com/politics/federal/treasurer-eyes-depreciation-stimulus-20190826-p52kp3