House debates

Monday, 25 May 2026

Questions without Notice

Small Business

2:48 pm

Photo of Anne AlyAnne Aly (Cowan, Australian Labor Party, Minister for International Development) Share this | Hansard source

reforming the research and development tax incentive, including allowing young businesses greater access to the refundable tax offset as they grow; reducing red tape across the economy with the 'tell us once' approach—and that's going to cut regulatory costs by $10.2 billion; removing another 497 nuisance tariffs, saving businesses around $127 million in compliance costs; tax cuts for sole traders, including the new $250 working Australians tax offset; further work with states on payroll tax and retail tenancy harmonisation; and programs to ensure small businesses benefit from the uptake of digital skills—all things we've done in just four years. We know there's more to do, and we'll continue to back small businesses because small businesses back Australia.

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