Senate debates

Monday, 15 October 2018

Questions without Notice

Small Business

2:08 pm

Photo of Michaelia CashMichaelia Cash (WA, Liberal Party, Minister for Small and Family Business) Share this | Hansard source

Because, when you provide them with certainty, they are able to make decisions. When you provide them, in particular, with certainty in relation to tax cuts, they can plan out how they are going to reinvest back into their business. When they reinvest back into their business, they are able to grow their business. When they grow their business, they are able to employ more Australians, and that means that our nation as a whole benefits.

But it's not just tax relief for small, family and medium businesses that we've been delivering. On this side of the chamber, we have made a very conscious investment to put in place the right policies to ensure that employment in this country grows. Whether it's extending the instant asset write-off, whether it's cutting red tape or whether it's streamlining GST reporting for in excess of 2.7 million businesses in Australia, everything we do on this side of the chamber is to ensure that businesses—in particular, small, family and medium businesses—are able to prosper and grow. (Time expired)

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