Senate debates

Monday, 15 June 2015

Bills

Tax Laws Amendment (Small Business Measures No. 1) Bill 2015, Tax Laws Amendment (Small Business Measures No. 2) Bill 2015; In Committee

10:43 am

Photo of Peter Whish-WilsonPeter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

Can the minister outline the take-up rates under the previous scheme where $6,500 was the instant asset threshold before your government took it away. I did ask this question at Senate estimates and there was no answer. I am interested to see what kinds of take-up rates we have had previously on $6,500 per item, was it a successful or popular measure and why the minister has confidence that there will be small businesses spending $20,000 per item.

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