House debates

Tuesday, 2 April 2019

Bills

Treasury Laws Amendment (Increasing the Instant Asset Write-Off for Small Business Entities) Bill 2019; Second Reading

6:10 pm

Photo of Madeleine KingMadeleine King (Brand, Australian Labor Party, Shadow Minister for Consumer Affairs) Share this | Hansard source

I believe I'm speaking in continuation on this bill, and I just want to clarify an amendment that I spoke of when I first started speaking to this bill. I move the amendment:

That all words after "That" be omitted with a view to substituting the following words:

"whilst not declining to give the bill a second reading, the House:

(1) affirms the importance of encouraging small business to make new capital investments; and

(2) notes that the Opposition's Australian Investment Guarantee is permanent, will provide targeted tax relief for businesses that invest in Australia and Australians, and guarantees new investment".

I call for the amendment to be seconded.

Comments

No comments