Bruce Billson (Dunkley, Liberal Party, Minister for Small Business) Share this | Hansard source

The accelerated depreciation for animal food and fodder storage are all part of this package. We are seeing tangible benefits coming out of this package. As the Treasurer alluded to just a few moments ago, the Commonwealth Bank business sales indicator is recording economy-wide uplift as a consequence of the budget. The Treasurer pointed to the May figures but what he did not mention was the CBA as saying these figures now are so far above the decade-long trend, something is happening in our economy.

What is happening in our economy is an Abbott government focused on the small business economy, getting behind the hay balers, the baristas, Tony's tradies that are buying building equipment, and the business services businesses that Joe talked about. We are interested in all small businesses because it is in all of our interests as a nation to get behind small business. They are a driver of growth and opportunity. They provide almost half of all the private sector workforce, and we have all got a job to do to recover from the damage and harm of an indifferent Labor government.

Mr Albanese interjecting—

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