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

It is well known that, despite the vote on the small business tax cuts by those on the other side, they are fundamentally opposed to small and family businesses in this country growing. They actually believe that businesses should not be given a tax cut, and that is why in June this year the Labor opposition leader, Mr Shorten, announced that he would reverse the tax cuts that we were providing and business tax cuts would go back up to 27.5 per cent. That is what they believe. They believe in taking more money out of the pockets of business, while those of us on this side of the chamber believe that businesses—in particular, small and family businesses—should be able to keep as much of the money that they generate as possible, because all of the feedback that I receive is that they're able to reinvest the money they can keep back into their businesses, grow their businesses and employ more Australians.