The Authority administers two investment incentive schemes designed to make the Australian economy more internationally competitive - the Development Allowance Scheme and the Infrastructure Borrowings Tax Offset Scheme. The Development Allowance Scheme provides a tax deduction of 10% of the value of an eligible investment, in addition to depreciation. The Infrastructure Borrowings Tax Offset Scheme provides a tax rebate for approved infrastructure to the resident infrastructure lenders. No applications have been called for since the Treasurer's announcement in the 2004 Federal Budget that the schemes were being phased out. As at 1 January 2009 the Commissioner of Taxation held this office.

Further information

  • Type of Body

    E. Statutory Office Holder Offices and Committees

  • Established By / Under

    Act / Regulation

  • Established By/Under More info

    Development Allowance Authority Act 1992

  • Annual Report Prepared and tabled?


  • Classification

    B. Secondary

  • Creation Date

    30 June 1992

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