ATO depreciation rates for green mill plant assets in the Manufacturing industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
53 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Bins – waste, chip and fuel | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Board coolers | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Board curing assets | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Board storage assets | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Chippers, shakers/screens and hoggers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Chipping, milling and flaking assets | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Cork manufacturers’ plant Frame (picture) manufacturing plant 131/3 1 Jan 2001 Joinery plant 131/3 1 Jan 2001 Moulding machinery (wood) 131/3 1 Jan 2001 Wood working plant 131/3 1 Jan 2001 | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Debarking assets | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Driers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Dry clipping assets | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Edger line plant (includes board edger and resaw) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Fibre sifters | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Fixed and mobile cranes | 12 years | 8.33% | 16.67% | 1 July 2025 |
| Flake and fibre storage assets | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Generally (includes grade mark reader and multi trimmer) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Generally (includes kiln trolleys/carriages, traverser and weights) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Glue mixing assets | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Glue, resin and wax mixing and blending assets | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Heat plant and boiler assets | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Heating plant (includes storage bins/silos) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Heating unit assets | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Lamination assets | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Lay-up and glue spreading assets (including roller, curtains, and spray coaters, liquid and foam extruders) | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Log conditioning, heating and steaming assets | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Log debarking plant (includes decks, carriages, hydraulic grabs and fixed cranes, butt reducer, debarker, kicker sorter and bins/pockets) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Log sizing assets Log yard assets (see Table A Log sawmilling and timber dressing (14110 to 14130), saw milling equipment) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Log, lumber and waste transfer equipment | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Magnetic separators | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Main saw line plant (includes saws, chipper canter, board separator and cant turner) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Mat forming and weighing assets (including pendistor) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Materials handling assets (including belt, chain and screw conveyors) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Mobile equipment (including log loaders with log grabs) | 7 years | 14.29% | 28.57% | 1 July 2025 |
| Moisture meters | 3 years | 33.33% | 66.67% | 1 July 2025 |
| Quality measuring assets (including blow detectors, thickness detectors and weighing bridges) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Refiner assets | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Sanding and finishing assets | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Saw and knife sharpening equipment | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Sharpening assets | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Stackers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Timber drying kilns and reconditioners | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Trimming and sawing assets | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Veneer composing, jointing and splicing assets | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Veneer dryers | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Veneer patching and grading assets | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Veneer peeling and slicing assets (including rotary peelers, longitudinal, crosscut, and staylog lathe slicers, log chargers and reelers) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Veneer reconditioning assets | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Veneer sorting assets | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Ventilation and dust extraction assets | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Vertical bin sorters | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Walkways | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Watering systems | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Wet clipping assets | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Woodchip screening and washing assets | 15 years | 6.67% | 13.33% | 1 July 2025 |
The effective lives shown above are determined by the Commissioner of Taxation under section 40-100 of the Income Tax Assessment Act 1997. The diminishing value rate equals 200% ÷ effective life (for assets acquired on or after 10 May 2006). The prime cost rate equals 100% ÷ effective life. You may alternatively self-assess effective life — see the ATO website for guidance.