ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Nursery and floriculture production:
General assets:
Racks15 years13.33%6.67%1 Jul 2006
Fruit and tree nut growing:
Fruit growing assets:
Dried fruit assets:
Generally (including bin dryers, boxing machines, dehydration tunnels, dippers, rack dehydrators, scrapers, trolleys and wetting machines)15 years13.33%6.67%1 Jul 2008
Beef cattle farming:
Feed bins (including hay racks)15 years13.33%6.67%1 Jan 2007
Aquaculture:
Oyster farming assets:
Oyster growing structures (incorporating posts and racks or lines)10 years20.00%10.00%1 Jul 2007
MANUFACTURING:
Cereal and pasta product manufacturing:
Ancillary assets:
Racks and shelving20 years10.00%5.00%1 Jul 2008
Bakery product manufacturing:
Baking assets used by large-scale manufacturers of biscuits, bread, cakes, pastries and pies:
Final provers (rack type)8 years25.00%12.50%1 Jan 2002
Ovens:
Rack ovens8 years25.00%12.50%1 Jan 2002
Bakery product manufacturing (non-factory based):
Retail bread, biscuit, cake and pastry baking assets:
Ovens (multi-decked, rotating rack or static rack, rotating deck)10 years20.00%10.00%1 Jan 2002
Other food product manufacturing n.e.c.:
Coffee processing assets:
Support assets:
Racks20 years10.00%5.00%1 Jul 2012
Spirit manufacturing:
Support assets:
Barrel racks:
Steel20 years10.00%5.00%1 Jul 2018
Wooden15 years13.33%6.67%1 Jul 2018
Wine and other alcoholic beverage manufacturing:
Barrel assets:
Barrel racks20 years10.00%5.00%1 Jul 2008
Sanitary paper product manufacturing:
Finishing and converted paper product manufacturing assets:
Rolled paper core manufacturing assets (including feeder racks, glue applicators and cutting carriages)10 years20.00%10.00%1 Jul 2013
Printing:
Newspaper printing assets:
Reel processing, storage and transport assets:
Racks20 years10.00%5.00%1 Jan 2007
Screen printing assets:
Ancillary assets:
Drying racks20 years10.00%5.00%1 Jan 2006
Glass and glass product manufacturing:
Glass product manufacturing assets:
Glass handling and storage assets:
Racks (including A-frame racks, hydraulic concertina racks and freefall racks)20 years10.00%5.00%1 Jul 2009
Concrete product manufacturing:
Concrete block, brick and paver manufacturing assets:
Curing assets:
Racks (excluding racks fixed to drying chambers)5 years40.00%20.00%1 Jul 2011
Concrete roof tile manufacturing assets:
Curing assets:
Racks (used in curing bays)10 years20.00%10.00%1 Jul 2012
Prefabricated concrete product manufacturing assets:
Automated panel manufacturing assets:
Rack feeders15 years13.33%6.67%1 Jul 2013
Iron smelting and steel manufacturing:
Hot strip mill assets:
Mill roll shop assets:
Roll racks and sleds20 years10.00%5.00%1 Jul 2010
Steel railway track product manufacturing assets:
Steel railway clip manufacturing assets:
Materials handling assets:
Racks for storage20 years10.00%5.00%1 Jul 2011
Motor vehicle manufacturing:
Bus and truck manufacturing assets (including bus vehicle body assembling assets and truck body manufacturing assets):
Ancillary and support assets:
Racks and shelving20 years10.00%5.00%1 Jul 2011
Metal stamping and blanking assets:
Die racks15 years13.33%6.67%1 Jul 2012
Robots (including press tending robots, press transfer robots and pressed parts rack loading robots)10 years20.00%10.00%1 Jul 2012
Motor car engine assembly and manufacturing assets:
Ancillary and support assets:
Racks, shelving, stands and tables generally15 years13.33%6.67%1 Jul 2012
Aircraft manufacturing and repair services:
Racks20 years10.00%5.00%1 Jul 2020
Wooden furniture and upholstered seat manufacturing:
Support assets:
Racks15 years13.33%6.67%1 Jul 2022
WHOLESALE TRADE:
Racks - see Table B Warehouse and distribution centre equipment and machines
Petroleum product wholesaling:
Bulk fuel regional depot assets (excluding LPG assets):
Loading gantries and racks (incorporating meters and metering systems)15 years13.33%6.67%1 Jul 2010
RETAIL TRADE:
Furniture, freestanding (including chairs, cupboards, racks, showcases and tables)10 years20.00%10.00%1 Jul 2005
Supermarket and grocery stores:
Bakery assets:
Bakery display assets, non-refrigerated (including freestanding display cabinets, cases, racks, shelves and stands)10 years20.00%10.00%1 Jul 2020
Support and other assets:
Display racks and stands (including magazine racks/stands)10 years20.00%10.00%1 Jul 2020
TRANSPORT, POSTAL AND WAREHOUSING:
Postal services:
Mail house assets:
Racks20 years10.00%5.00%1 Jul 2015
Courier pick-up and delivery services:
Materials handling equipment:
Storage racks20 years10.00%5.00%1 Jul 2011
Other warehousing and storage services:
Warehouse and distribution centre equipment and machines:
Racks20 years10.00%5.00%1 Jul 2011
INFORMATION MEDIA AND TELECOMMUNICATIONS:
Motion picture and video activities:
Screening theatre assets:
Audio amplification and processing equipment (includes component racks systems)5 years40.00%20.00%1 Jan 2006
Motion picture exhibition:
Audio amplification and processing equipment (including component rack systems)10 years20.00%10.00%1 Jan 2001
Radio broadcasting:
Audio processing assets (including rack mounted effects units etc)10 years20.00%10.00%1 Jul 2012
Racks20 years10.00%5.00%1 Jul 2012
Television broadcasting:
Racks20 years10.00%5.00%1 Jul 2005
Telecommunications services:
Telecommunications assets:
Racks20 years10.00%5.00%1 Jul 2003
Electronic information storage services:
Rack based power rails (including rack based power distribution unit (PDU))10 years20.00%10.00%1 Jul 2017
Racks10 years20.00%10.00%1 Jul 2017
HEALTH CARE AND SOCIAL ASSISTANCE:
Child care services:
Furniture used by children, freestanding:
Others (including bookcases, chairs and sofas, coat/dress-up racks, easels, room dividers, tables and storage shelving units)10 years20.00%10.00%1 Jul 2020
ARTS AND RECREATION SERVICES:
Health and fitness centres and gymnasia operation:
Health and fitness centre operation assets:
Free weight training assets:
Barbells, dumbbells, kettle bells, weight plates and storage racks6 years33.33%16.67%1 Jul 2012
Horse training (racing):
Support assets:
Tack room furniture, freestanding (including lockers, racks, seats etc)10 years20.00%10.00%1 Jul 2021
Amusement parks and centres operation and amusement and other recreational activities n.e.c.:
Marina operation:
Boat storage racks10 years20.00%10.00%1 Jul 2002
OTHER SERVICES:
Funeral, crematorium and cemetery services:
Funeral assets:
Coffin racks13 years15.38%7.69%1 Jul 2020
General assets:
Refrigeration assets:
Refrigeration racks20 years10.00%5.00%1 Jul 2020
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Warehouse and distribution centre equipment and machines:
Racks20 years10.00%5.00%1 Jul 2011

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Source: TR 2022/1