Andrew Robb (Goldstein, Liberal Party, Chairman of the Coalition Policy Development Committee) Share this | Hansard source

My question is to the Treasurer. I refer the Treasurer to his statement yesterday that 'a company tax cut is important for 2.7 million small businesses'. How does the Treasurer reconcile that spin with his own economic note released on Sunday which shows that only 720,000 Australian small businesses are companies and, according to the latest Taxation Office data, less than 300,000 of the 2.7 million small businesses actually pay any company tax?

An opposition member: He's gone into shock!

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