Senate debates

Tuesday, 12 May 2020

Questions without Notice

COVID-19: Small Business

3:03 pm

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

As we saw last Friday with the meeting of national cabinet, we are now on the pathway or the road to recovery through the three-step process that is now being implemented by the state and territory governments. We have one goal in 2020, and that is, of course to protect in the first instance the health and wellbeing of Australians and their livelihoods through what is a global crisis and to ensure that, when the recovery comes, we are well positioned to bounce back strongly on the other side. As the Prime Minister has said, the pathway to our recovery will be through growing the Australian economy, and you do this by supporting your small and medium businesses, who employ nearly seven million Australians. When we came to government, we backed these businesses through lower taxes, cutting red tape and providing incentives for them to invest back into their businesses. Through this crisis, we will continue to support them because they are the backbone of the Australian economy.

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