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17th March 2020 The Digga Australia Group is currently monitoring the impacts and concerns associated with the novel Coronavirus (COVID-19) very closely. In line with our core values, we are committed first and foremost to the welfare of our employees, contractors and business partners and we are taking every precaution to prevent the spread of COVID-19 to protect our community. At this point in time, we are not aware of any significant impacts to our supply chain, however we are working closely with all our supply chain partners to monitor the situation and provide regular updates as necessary. Given the challenging and evolving situation, we will be implementing new processes and policies as more information becomes available. The Digga Australia Group has implemented the following strategies, in line with Australian Government COVID-19 guidelines: All onsite non-essential business meetings are to be postponed or rescheduled online Domestic air travel is limited to ess...

The Government has announced an increase in the instant asset write-off threshold from $30,000 to $150,000 initially until 30 June 2020. This has now been extended to the 31st of December 2020! As a result of the continued spread of the coronavirus (COVID-19) and its impact on the Australian economy, the Government has announced a comprehensive package focused on backing Australian businesses. Access to the incentive has also been widened to include businesses up to $500m in annual turnover, up from $50m since the previous announcement, aiming to provide significant cashflow benefits to small, medium and large businesses. The considerable threshold increase brings larger equipment within the scope of the incentive package – ideal if you own a business in the earthmoving industry, which generally requires large investments. Immediate write-off of tax deductions of up to $150,000 on things like vehicles, tools and office equipment are now available for eligible businesses. The inc...