Senate debates

Monday, 21 June 2010

Questions without Notice

Budget

2:37 pm

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

I think Senator Troeth knows that these more efficient changes will actually lead to economic growth, will provide for more security of jobs, will provide for better superannuation and will provide for older Australians in terms of the benefits so that we are able to see a fairer return on the people’s resources. Senator Troeth knows that this measure has nothing to do with any claims about increasing electricity prices. We will see that 770,000 companies will benefit from a cut in company tax as a result of these measures. We will see 720,000 small businesses get a head start as a result of the changes in company tax. We will see that 2.4 million small businesses will benefit from the— (Time expired)

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