Yes, it can!
The Government wanted (and still wants) to stimulate the economy by encouraging businesses to spend, spend, spend.
If you purchased an asset between 7:30pm on 6 October 2020 to 30 June 2022 you are eligible to immediately deduct the business portion of the asset’s cost under temporary full expensing.
If you are a small business, you will need to apply the simplified depreciation rules in order to claim this. To be eligible you require a turnover of less than $5 Billion.