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Extended tax write-offs

With the Federal Budget announcement on Temporary Full Expensing, you may be able to deduct the full cost of eligible business equipment or vehicles1. Learn more

Business vehicle finance

Westpac Business Loans for Equipment Finance
  • On the spot conditional approval for eligible customers*
  • Take advantage of potential tax benefits1
  • Eligible businesses may be able to take advantage of extended tax write-offs until the end of 20221.

Business equipment finance

  • Structure repayments to take advantage of potential tax benefits1
  • Fund equipment and machinery using the asset as security
  • Eligible businesses may be able to take advantage of extended tax write-offs until the end of 20221

How can I fund vehicle, machinery and equipment purchases?

Options to finance a new vehicle, machinery or equipment for your business.

6 ways to help finance business growth

Looking to borrow money to start a business? Here’s a short guide to some of the business finance options you should consider.

How instant asset write-offs could help Aussie businesses get back on track

Eligible businesses may be able to take advantage of extended tax write-offs until the end of 2022.

Things you should know

* Credit criteria, terms and conditions, fees and charges apply. Available to existing Westpac account holders only.

Applications for vehicle and equipment finance are subject to the Bank's normal lending criteria. Credit criteria, terms and conditions, fees and charges apply.

1. The taxation position described is a general statement and should only be used as a guide. It does not constitute tax advice and is based on current tax laws and their interpretation. Customers must seek their own independent tax advice in relation to their individual circumstances.

Find out what information you need to provide to become a customer.