Senate debates

Tuesday, 12 May 2009

Questions without Notice

Economy

2:53 pm

Photo of Kim CarrKim Carr (Victoria, Australian Labor Party, Minister for Innovation, Industry, Science and Research) Share this | Hansard source

It is a tragedy that the opposition is not interested in the three-point, $8 billion investment tax break that the government has provided to business, which will assist in the cost of acquiring new equipment and technologies for every Australian company. We have also guaranteed payment within 30 days to small business suppliers on Commonwealth contracts. We have provided $1.16 billion in tax relief to small business by deferring and reducing pay-as-you-go instalments. (Time expired)

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