Kelly O'Dwyer (Higgins, Liberal Party, Minister for Small Business) Share this | Hansard source

People on the other side do not understand the needs of small business. We not only understand the needs of small business but we are prepared to fight for small business. We understand that they are at the heart of the Australian economy. They are the people who are taking risks, who are employing more than 4.7 million Australians and who are contributing more than $340 billion to our economy. We are making sure that we not only fight for small business but create the right framework for small business—an economic framework that gives them a cut to the company tax rate of 1.5 per cent, a discount for those that are unincorporated entities. We are allowing them to invest in their businesses with the instant asset write-off and we are allowing them to make sure that they are not paying capital gains tax when they readjust the order of their small business, because we care for small business. Those opposite do not.

Mr Stephen Jones interjecting—

See this speech in context