Budget 2021 used forklifts – Budget encourages purchase of good second-hand equipment

As a long term, all Australian owned, and Queensland based SME ourselves; we have noticed post-Covid, the trend to buying good used equipment and tailoring it to the job at hand. As trades and construction businesses become busier and busier with cashed-up consumers ( that can’t travel outside of Australia ) that are improving their properties for sale or rent, building and construction are fixing up and repairing and moving a lot of goods. 

For example, a heavy-duty forklift truck can become a tyre handler, with the right attachments, and with a supplier who understands the forklift business completely. It’s more cost-effective to buy a  good quality used unit, rather than try to procure or outlay for a new unit. 

Budget Highlights –

  • Low – and Middle-Income tax offset was extended a year ($7.8bn) and the Investment Asset Write Off also was extended.
  • Other areas of focus included childcare and homeownership support which will further promote the building industry.

Queensland Projects 

The budget commits $1.6 billion for projects in Queensland, with the major projects being:

$400 million for the Bruce Highway
$400 million for the Inland Freight Route
$240 million for the Cairns Western Arterial
$178.1 million for Gold Coast light rail capacity improvement and $126.6 million for the light rail stage 3 extension
$160 million for the Mooloolah River Interchange

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Call 0414746181 now to discuss your materials handling and warehousing needs.