Mathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

The Labor Senator over there said, 'Not much.' Well, let me tell you, we inherited a weakening economy, rising unemployment and a rapidly deteriorating budget position from Labor as a result of a misguided, reckless, higher-taxing agenda of the past, which Labor wants to bring back. Our government, despite the strong track record over our first five years in government, will not be complacent. We know there is much more to be done to lock in continued growth and more jobs for the future. That is why we're backing small business. That is why the Prime Minister, when he was in Queensland last year, was able to talk to small businesses in Queensland about our lower taxes for small business. He was able to talk about the continuation of our instant asset write-off to allow businesses to invest in new equipment, which will increase their output and their productivity. And we are backing our farmers. Since we last met, we've announced the creation of the Future Drought Fund, which comes on top of— (Time expired)