House debates

Wednesday, 20 November 2013

Bills

Minerals Resource Rent Tax Repeal and Other Measures Bill 2013; Consideration in Detail

6:48 pm

Photo of Julie OwensJulie Owens (Parramatta, Australian Labor Party, Shadow Parliamentary Secretary for Small Business) Share this | Hansard source

It is interesting to hear the members opposite concentrate almost entirely on the needs of miners in the speeches that they have made today. There are, of course, a number of other measures in this bill which will dramatically impact on small businesses around the country and in my electorate. I want to address those, because we are losing some very important measures tonight with this vote.

The first one is the loss carry-back introduced by Labor as at the 2012-13 year. It was a measure requested under the Henry review and strongly supported by business advocates around the country—by accountants, by small business associations and small businesses themselves.

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