ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MINING:
Surface mobile mining machines:
Dozers9 years22.22%11.11%1 Jul 2002
Other non-metallic mineral mining and quarrying n.e.c.:
Salt harvesting assets:
Dozers8 years25.00%12.50%1 Jul 2021
CONSTRUCTION:
Dozers/front end loaders9 years22.22%11.11%1 Jul 2002
TRANSPORT, POSTAL AND WAREHOUSING:
Water transport and support services:
Port assets:
Cargo handling equipment:
Dozers9 years22.22%11.11%1 Jul 2002
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Dozers/front end loaders9 years22.22%11.11%1 Jul 2002

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Source: TR 2022/1