Senate debates

Thursday, 22 March 2018

Questions without Notice

Taxation

2:02 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

We have many Australians who started a small business and who are now Australian champions involved in global competition. If you take a business like Qantas, and I see a number of distinguished Queensland senators here, it started with three employees and today it employs 30,000 Australians. And, do you know what? It is involved in a fiercely competitive global industry.

The Labor Party wants to disadvantage Qantas by imposing higher taxes on them than their competitors face in other parts of the world. Do you know what that means? It means less job security for employees in businesses like Qantas and it means less opportunity for small- and medium-sized businesses to supply goods and services to them. We want more opportunities for people to get ahead. We want more jobs, more investment and more opportunities— (Time expired)

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