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

The Labor Party get their numbers all muddled up. First it's a $65 million giveaway to big business; then it's a $65 billion giveaway to big business; and, in the Labor Party talking points, it is a $65 giveaway to big business. The first point I would make is that, clearly for the Labor Party, every business is a big business. If you have got one employee, you're big business. If you've got two employees, you're big business. If you have $2 million in turnover, you're big business under the Labor Party. When they talk about the $65 billion cost to the budget bottom line of business tax cuts, the Labor Party know that $30 billion of that represents tax cuts for businesses with a turnover of up to $50 million. You know what: you could have knocked me over with a feather. Having fought it in the trenches, having fought it on the beaches, having fought it in the air—