Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

Small businesses are obviously the same—last year, this year and next year. They are the best judges of what is a sensible commercial investment into their future success as a business. The government does not second guess the investment decisions of individual small businesses. Obviously individual small businesses, as they have in the past, will in the future have to make judgments on whether particular investments make sense for them, whether they can afford to make a particular investment. What we are doing here very simply is to provide an incentive for those businesses that are profitable with an annual return of up to $2 million, to immediately write-off an investment into their future success as a business to a value of up to $20,000. So all of the other commercial judgments that small businesses across Australia make on a daily basis will continue to have to be made. Nothing changes as a result of what the government is doing.