ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Motor vehicle manufacturing:
Bus and truck manufacturing assets (including bus vehicle body assembling assets and truck body manufacturing assets):
Ancillary and support assets:
Vehicle platforms and runways (used in wheel alignment etc)20 years10.00%5.00%1 Jul 2011
TRANSPORT, POSTAL AND WAREHOUSING:
Airport operations and other air transport support services:
Airport assets:
Runway sweepers15 years13.33%6.67%1 Jan 2003
Visual aids assets:
Lighting systems (including apron floodlighting, runway lighting and taxiway lighting)15 years13.33%6.67%1 Jan 2003

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Source: TR 2022/1