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

Participation in the 175 per cent premium research and development tax concession grew by 16 per cent, with more than 890 companies investing $2.4 billion. Mr Deputy Speaker, they asked a question. I would have thought they would at least want to listen to the answer. Research and development in Australian industry is a good news answer. The reality is that they do not like it.

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