House debates

Thursday, 12 May 2011

Questions without Notice

Budget

2:58 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

We are supporting tradies in this budget and are absolutely proud of it. We are absolutely proud of supporting tradies in this budget. We have added to the $5,000 instant asset write-off an ability for people like that to write off the first $5,000 of the purchase of a ute. We are really proud of bringing in this initiative, but it will not happen if those opposite have their way because they are going to oppose it. The fact is that I know they are acutely embarrassed by that fact.

No, I have not seen that analysis. I will have a look at it. The fact is that we have made some changes to fringe benefits taxation, but those people who are using their vehicles for work can fill out a logbook and there will be no change for them.

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