House debates

Wednesday, 16 February 2022

Questions without Notice

Taxation

2:34 pm

Photo of Josh FrydenbergJosh Frydenberg (Kooyong, Liberal Party, Treasurer) Share this | Hansard source

I thank the member for Herbert for his question and acknowledge his distinguished service in uniform on behalf of our country and also his support for lower taxes. These are being used by businesses in Townsville—Fair Dinkum Builds has bought a couple of scissor lifts with the benefit of our immediate expensing provisions. We on this side of the House have cut taxes for families. We on the side of the House have cut taxes for small business down to the lowest level in 50 years, and we have put in place record business investment incentives through our tax system. But we have been opposed every step of the way by a Greens-Labor coalition and by a Labor leader who has never delivered a budget and never held a Treasury portfolio and who thinks tabling his high-school essay is good enough credentials to run a $2 trillion economy.

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