It is official. The new instant asset write off (IAWO) threshold of $150,000 recently announced as part of the Federal Government’s economic rescue packages is the highest it’s ever been, so there has never been a better time to add to your fleet or upgrade.
To be eligible, the business turnover has to be less than $500 million. Businesses also only have till June 30, 2020 to take advantage of that measure, as from July 1, 2020, the IAWO will revert back to $1000 for small businesses with turnover of less than $10 million.
In addition, the $150,000 is PER ASSET which means you can claim the full amount of all purchases you make primarily for your business, provided they cost less than $150,000 each.
Here are our picks:
Price: $73,743 (excluding government charges)
Location: VIC
Key features: 40hp, 23km/h top speed, 1600kg tipping load, tree loader package with Digga 4-in-1 bucket, log grab and stump grinder attachments
Constructionsales.com.au took a good look at the versatile and nimble Italian-made MultiOne 8.4s loader and thinks it can be likened to a Thermomix in the kitchen. With its ability to be used with a wide range of attachments, it can be any tool you want it to be – a loader, telehandler, mower, excavator, forklift and more.
This unit advertised for sale by a dealer in Victoria is brand new and costs comfortably under $150,000.
READ REVIEW: MultiOne 8.4S mini loader review
Price: $148,500 (excluding government charges)
Location: NSW
Key features: 91hp, 15 tonnes operating weight, 6040mm max digging depth, GP bucket, air conditioned cabin, auxiliary hydraulics, rear vision camera, hose protection valves, quick hitch.
The Caterpillar brand is synonymous with quality earthmoving machinery that is up for the most demanding of tasks.
Its excavators are known for its efficient hydraulic system which allows operators to move material with speed and precision.
It also offers some of the most advanced technology such as Cat Grade Control and Product Link for an efficient operation.
This 313FL up for grabs has only done 499 hours and is in excellent condition
RELATED REVIEW: Caterpillar 322CL excavator with spot cultivator - Operator Review
Price: $73,500 (excluding government charges)
Location: NSW
Key features: 74hp, 0.79 cubic metres bucket capacity, 3.7-tonne operating weight, tracks
With tracks instead of wheels, the New Holland C227 compact track loader is a great machine for traversing tricky terrain. While suitable for the general construction contractor, it also has applications in other fields, such as agriculture, hence making it a versatile machine with a good resale value.
It has a radial-lift boom geometry with the boom connected directly to the frame to make it better suited for pushing and excavating.
This unit for sale in NSW is an ex demo unit with just 25 hours clocked up and in near new condition ready to go to work.
RELATED READ: New Holland C227 and L218 skid steer loaders - Machine spotlight
Price: $82,000 (drive away)
Location: NSW
Key features: 74hp diesel engine, vertical lift path arms, comes with a Norm 4-in-1 tilt bucket and 3x BOE & Anderson plug 12v Circuit
Bobcat is perhaps most well-known for its range of compact loaders to the point that skid steer users, regardless of what brand they’re using, will call their machine ‘a Bobcat’.
The T595 has an operating weight of 3654kg and 74hp to carry out a wide range of tasks ranging from trenching to loading to posthole digging.
This model for sale has done 217 hours and is in near new condition, according to the dealer.
RELATED REVIEW: Bobcat S590 skid steer loader – Operator Review
Price: $121,000 (excluding government charges)
Location: VIC
Key features: 380hp, 32-tonne operating weight, 5.5 cubic-metre bucket, auto grease, e-stops.
This machine may be over 10 years old but is in great condition and ready to go to its next owner. John Deere is a brand steeped in history and is well known for its quality heavy equipment range.
This 844K wheel loader model has a whopping 380hp output to offer and is ideal for heavy duty loading applications. This particular unit has also recently been serviced, checked and inspected.
Price: $121,000 (drive away)
Location: VIC
Key features: 92hp, 4-speed powershift transmission, sideshift, 4-in-1 bucket with bolt on edge, Extenda hoe, 600mm dig bucket, manual quick hitch, air conditioned cabin
JCB claims it produced the world’s first backhoe loader back in 1953, therefore its expertise in producing quality backhoes is undisputed.
The 3CX sits in the middle of JCB’s backhoe range and is ideal for work in tight spaces such as residential sites for trenching work, for example.
The 3CX is compatible with a range of backhoe loader, mini excavator and skid-steer loader attachments, allowing it to carry out a wide range of construction tasks.
This particular JCB 3CX backhoe for sale is brand new and comes with a genuine factory warranty.
RELATED READ: JCB expands backhoe offering
Price: $123,200 (excluding government charges)
Location: VIC
Key features: 6973mm lift height, 3500kg capacity at max height, Perkins 1104D engine, hydrostatic transmission
Bobcat claims its TL38.70HF to be best in class when it comes to boom cycle times, clocking around one second faster than other comparative models.
That statement was verified by one of our reviewers, Kim Woods, who headed out to witness one in action. Telehandlers are incredibly versatile units that can be used across a wide range of sectors including farms, construction, infrastructure and more. Its superior lift height and ability to be used with a variety of attachments makes it an ideal workhorse for tasks like stacking hay or loading high sided trucks
This unit is brand new, priced comfortably under $150,000.
READ REVIEW: Bobcat TL38.70HF telescopic handler spotlight
Price: $83,600 (drive away)
Location: QLD
Key features: 8,360 kg operating weight, 55hp, enclosed cab, comes with hydraulic quick hitch, bucket with grab, tilting mud bucket and more.
The Case CX75C excavator is a mid-size excavator perfect for work on small to medium size construction sites.
This 2013 model has only done 1285 hours and is in excellent condition. With Case Construction and CNH Industrial’s reputation in the manufacturing of quality heavy equipment, buyers can be assured of the productivity and efficacy of the machine.
Price: $139,000 (excluding government charges)
Location: QLD
Key features: 121hp, 11.7 tonnes operating weight, crawler tracks, powershift transmission, 2.5 cubic-metre VPAT 6-way blade, air-conditioned ROPS cabin
Some industry veterans might argue that when it comes to dozers, Caterpillar makes them best. Dozers certainly don’t come cheap, but we managed to hunt one down that’s in great condition for under $150,000.
This model is 20 years old but looks to be in excellent condition and well looked after. Some of the work that has been done to the dozer include a re-sealed left angle cylinder; new rippers, cutting edges and sprockets fitted; and sandblasted and painted.
Price: $101,200 (excluding government charges)
Location: NSW
Key features: 126hp, 10.9-tonne operating weight, 2 cubic metre bucket capacity
Komatsu’s wheel loaders, along with its range of construction equipment are gaining prominence on construction sites as it earns the industry’s trust as a sturdy and efficient machine.
Komatsu’s hydrostatic drive WA200PZ-6 features the PZ parallel-lift arm system that allows it to handle a range of buckets and attachments, including forklift tines, for maximum versatility and productivity across loading, handling and lifting applications.
Its 126hp engine is EPA Tier 3 emissions certified and, combined with the Hydrostatic Transmission (HST), is able to power the machine effectively while keeping fuel consumption low, Komatsu said.
RELATED REVIEW: Komatsu WA250PZ-6 wheel loader– Operator Review
Find more construction equipment for sale for under $150,000