I rise as a former small-business operator. I worked in one for 15 years with my family. I understand the needs of small business, and I'm proud to be part of this government that has delivered for small business since we came to office in 2022. I wholeheartedly support the Treasury Laws Amendment (Tax Reform No. 3) Bill 2026, because members of my electorate of Bennelong—from small businesses to wage earners to the multinationals in Macquarie Park—have told me that this government needs to be bold on tax reform. The 2025-26 budget has delivered on that: tax reform to make it easier for people to buy their first home and tax reform to make our taxation system fairer. And this bill delivers on our commitments delivered in the 2025-26 budget.

It's a shame that the member for Herbert is leaving the chamber, because he just said he wants to hear from a small-business owner. He said he wants to listen to a small-business owner. Well, here I am. I'm going to give you my perspective, as a former small-business owner, as to why I support this bill and the schedules within it, because I see firsthand exactly what small-business enterprise and hard work look like when I walk through the streets of Bennelong. We have a long and proud history of commercial enterprise, stretching from the bustling retail strips of Eastwood, Ryde, Gladesville and Lane Cove right through to that world-class innovation district of Macquarie Park, which is Australia's eighth largest economy. Just as my family did and just as I did in my small business, Bennelong's local business owners take on immense personal risk. They employ local residents, they buy from local suppliers and they give our suburban communities their vibrant local character. Whenever I meet with them now in my capacity as a federal member or met with them in my former capacity as mayor—