House debates

Wednesday, 14 June 2006

Appropriation Bill (No. 1) 2006-2007

Consideration in Detail

5:08 pm

Photo of Bob BaldwinBob Baldwin (Paterson, Liberal Party, Parliamentary Secretary to the Minister for Industry, Tourism and Resources) Share this | Hansard source

As I said, the 2003-04 budget saw more than 5,600 companies registered under the R&D tax concession. That was a record level. In 2003-04 the business uptake of the research and development tax offset for small business increased by 19 per cent.

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