Accelerated depreciation ‘unbelievably effective way’ to drive productivity growth: Angus Taylor

Shadow Treasurer Angus Taylor says accelerated depreciation is an “unbelievably effective way” to drive productivity growth which Australia “desperately needs”. “This is why accelerated depreciation is so powerful – it is an unbelievably effective way to drive productivity growth … that you desperately need in the economy,” Mr Taylor said in his address at the National Press Club on Wednesday. “The small business sector is crucial to doing that.”