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.

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 offsho

Inside Retail Australia · 5/15/2026, 2:11:17 AM · Ask about this →

Australian Federal Budget + ACCC + Australian Retail Council + Council of Small Business Organisations Australia + Shein + Temu +