ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MINING:
Infrastructure support assets:
Electrical infrastructure assets (including power reticulation, substations, switchgear and transformers)25 years8.00%4.00%1 Jul 2003
Coal mining:
Infrastructure support assets:
Electrical infrastructure assets (including reticulation assets, substations, switch gear and transformers)25 years8.00%4.00%1 Jul 2003
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Electricity supply:
Electricity distribution:
Distribution substations/transformers, pole or ground pad mounted40 years5.00%2.50%1 Jan 2002
Distribution zone substations (excluding control, monitoring, communications and protection systems)40 years5.00%2.50%1 Jan 2002
Electricity transmission:
Transmission substations (excluding power transformers and control, monitoring, communications and protection systems)40 years5.00%2.50%1 Jan 2002
TRANSPORT, POSTAL AND WAREHOUSING:
Tramway and light rail passenger transport services:
Infrastructure assets:
Electrification assets:
Substations (incorporating switchgear and circuit breakers)40 years5.00%2.50%1 Jul 2010
Rail freight and passenger transport services:
Infrastructure assets:
Electrification assets:
Substations (incorporating switchgear and circuit breakers)40 years5.00%2.50%1 Jan 2002
Monorail operation assets:
Infrastructure assets:
Electrification assets:
Substations (incorporating switchgear and circuit breakers)40 years5.00%2.50%1 Jul 2010

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Source: TR 2022/1