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Australian Federal Budget

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0 mentions · last seen 6/5/2026

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Australian budget makes instant asset write-off permanent, tightens ACCC grip on Shein and Temu

Federal Budget locks in the $20,000 instant asset write-off for sub-$10M turnover SMEs, cuts $10.2B in regulatory burden, and steers ACCC scrutiny toward offshore e-commerce players Shein and Temu. ARA and COSBOA welcomed the moves but pressed for deeper competitiveness reforms.

Inside Retail Australia · 5/15/2026, 2:11:17 AM