House debates

Wednesday, 27 June 2018

Questions without Notice

Taxation

2:32 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

The Leader of the Opposition has declared war on businesses of every size in Australia. He stands here and wants to portray himself as the enemy of multinationals, big banks and insurance companies, but the businesses he's taking on are to be found in every town, in every suburb, in every electorate represented here in this House. They represent millions and millions of jobs. More than half the private sector workforce work for businesses with a turnover of $50 million or less. Whether it be a business like Stubbs Constructions in Burnie, Universal Trusses in Hume or Kennedy's Timbers in Brisbane, on the border between Petrie and Longman, these are businesses that have many employees—50, 60, 70 employees—all of whom depend on the owners of the business investing in the business and buying the best and latest technology.

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