House debates Bills
Tax Laws Amendment (Small Business Measures No. 3) Bill 2015; Second Reading
David Coleman Banks, Liberal Party
11:52 am
What I am seeking to do is contrast the very negative impacts on small businesses, and indeed on all Australians, of a massive electricity tax, through the carbon tax. We know that at its recent conference the opposition proudly committed to an extraordinarily high target, which will massively reduce Australian GDP and see power bills go up by 78 per cent. That is something to which we are implacably opposed, and will continue to be. In summary, these are important initiatives for small business and it is very important that they get through the House. I strongly support the bill.
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