Julie Collins (Franklin, Australian Labor Party, Minister for Agriculture, Fisheries and Forestry) Share this | Hansard source

I want to thank the member opposite for that question. I'd say to the member opposite that they really should stop running scare campaigns and they should be presenting the farmers with the facts. Let me quote from the National Farmers' Federation release, the day after the budget, where the National Farmers' Federation said:

"In that context, there are several measures in this Budget that are welcome and reflect the Government listening to the concerns the NFF has consistently raised on behalf of farmers."

The NFF welcomed changes ensuring primary production income will be exempt from the new 30% trust tax and confirmation there will be no changes to small business capital gains tax concessions.

It goes on:

"Family farms are generational businesses built over decades and often represent a family's life savings and retirement plan. We are pleased the Government has listened."

That's from the National Farmers' Federation.

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