Senate debates

Thursday, 28 November 2019

Questions without Notice

Small Business

2:12 pm

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

It is because, as we know, when you back small and medium businesses and family businesses in Australia, they prosper, grow and create more jobs for Australians. Seven million Australians get up every day and go to work because they are offered employment by these 3.4 million SMEs. We understand, though, that you need to put in place the right economic framework so that businesses are able to lever off it and grow their business. That is why our economic plan is making it easier for small and family businesses and medium enterprises to grow their businesses. We have lowered their taxes. Why? It is because we understand that the more money they have the more they are able to invest back into their business. We are cutting red tape, because red tape is costly. If you get rid of it, it is a return back to the business. We are, of course, giving them the opportunity to participate in our $100 billion infrastructure plan. We are committed to supporting SMEs across Australia. (Time expired)

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