House debates

Thursday, 11 May 2017

Questions without Notice

Budget

2:22 pm

Photo of Scott MorrisonScott Morrison (Cook, Liberal Party, Treasurer) Share this | Hansard source

We have already delivered tax cuts for businesses with a turnover of up to $50 million—that is 3.2 million businesses and that is 6.5 million working Australians who are now working for businesses that are under the burden and will be under the burden of a lower tax rate as a result of the decisions, the right choices, that have been made by this government to secure the better days ahead.

It is true that today we have reintroduced the remainder of our enterprise tax plan. Yes, it will cost $35.6 billion over the next 10 years, and that is an investment in Australia, because we know that, if we can lower the tax rate, that will draw the investment into this country—something those opposite used to believe in. I know the only two people— (Time expired)

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