DON’T DELAY YOUR NEXT EQUIPMENT PURCHASE
Government $150,000 Instant Asset Write-Off
$150,000 Instant Asset Write-Off
Eligible assets will be able to be written off for this financial year meaning that you will pay less in tax. Any new or used equipment with a purchase price of up to $150,000 (exc GST) purchased and installed* between 12 March and 30 June 2020 will be eligible. There is no limit to the number of assets purchased that can be written off under this program. You can purchase multiple assets which total more than $150,000 so long as each individual asset is less than $150,000. Businesses with an aggregated annual turnover of less than $500 million will be eligible until 30 June 2020.
Short term opportunity offered by the Government
From 1 July 2020, this offer will no longer be available and the instant asset write off will return to the normal amount of only $1,000 for businesses with a turnover of less than $10 million.
50% Instant Depreciation
Eligible assets purchased and installed from 12 March 2020 and 30 June 2021 will be eligible for a 50% instant depreciation. Businesses with an aggregated annual turnover of less than $500 million will be eligible until 30 June 2021. New assets only. This incentive is available for 15 months.
Contact us today for a no-obligation discussion.
AlmaCrawler announces New General Manager for its subsidiary Almac Pacific
Almac Italia, the Italian manufacturer of the innovative bi-levelling Scissor lift and telescopic Boom lifts is pleased to announce Bob Mules as the new General Manager for its Pacific operative branch, Almac Pacific.
Mules, a long-time experienced presence in the industry, spent his first 17 years in the Rental Industry, 13 of those years were with Wreckair Hire, acquired by Coates Hire in 2002, before he decided to “cross the line” and spend the past 19 years with Access manufacturers (OEM’s), with the last 10 years as the General Manager of Australia and New Zealand for JLG.
Bob Mules commented: “I’m excited to join such a dynamic company that is driven by innovation and providing the highest standard in safety in daily use. The AlmaCrawler products, with their self-leveling capability are definitely industry leading. Being able to combine my years at the helm of a leading company in the sector with Almac’s technological initiative, is an exciting challenge and opportunity.
Considering the strong appreciation of the customers towards the quality and after sales support of the Almac products, I look forward to working closely with our National Retailers – United Fork Lift Equipment, Youngman & Richardson and Alfasi Hire, the rental companies and service providers. I aim to strengthen our current partnerships and to ensure that we provide them an exceptional customer experience on a daily basis.”
Andrea Artoni, General Manager and Owner of Almac Sri. commented: “Nowadays after 7 years of our history, Almac is being recognized as one of the most innovative and dynamic companies within the AWP industry, as shown by its numbers, growth rate, and the expansion of its product range and increasing sales network worldwide.
The Pacific region is an extremely strategic area for Almac. In fact, our products have already been implemented in the rental fleets of the biggest players. For this reason, today our Company wants to organize, consolidate and reinforce its presence, especially looking at the upcoming development of our range in the next three years.
So, I’m very happy that Bob Mules is joining our Almac Pacific’s team. He will definitely bring his experience and market knowledge to support us in making this next step. The appointment of Bob compliments the new recent strategy that saw us establish our new operational headquarters near Melbourne. This dedicated warehouse, for spare parts and products’ stock, has been set up to support our direct customers and our national retailers, United Equipment for Australia, Youngman & Richardson in New Zealand and Alfasi Hire in Malaysia.”
Mules will assume responsibility for the Almac-Pacific business, starting on May 4th.
All of the Almac team are really excited about the future and looking forward to the challenges ahead as we build our business throughout the market of Australia and New Zealand.