Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

We support small business, and that's precisely why we had $3½ billion of investment to assist small business in our budget. That's why, as well, in our budget, we had, of course, tax cuts again, making five lots of tax cuts, helping people who are in small business to go ahead. That is in addition to the tax cut that we have coming in on 1 July and the tax cut next 1 July and the legislation that we'll be bringing into the parliament on Thursday that will include, of course, our instant tax deduction, making an enormous difference going forward.

When it comes to small businesses, it isn't just the ones that I named; the Housing Industry Association have said:

Making the instant asset write off permanent gives housing businesses—

which are a major part of small business—

the confidence to invest, grow and lift productivity.

Business NSW said:

… we welcome the government delivering … stability for small and medium businesses.

Right across the board, we have received support.

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