Senate debates

Monday, 15 February 2021

Questions without Notice

COVID-19: Small Business

2:17 pm

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

In 2021 the Morrison government will continue to put more money back into Australians' pockets and will protect more of what they've earned—because let's face it: it's their hard earned money—and will, of course, support families and businesses. Our legislated tax cuts for small and medium businesses, the full expensing for new investments—something that was welcomed widely by businesses across Australia—and our loss carry-back measure are a suite of policies that will all provide that much-needed support and much-needed boost for small businesses, who, as we know, still continue to do it tough. We need to help them to ensure that their businesses are able to grow so that they can continue to create more jobs for Australians. Our $4 billion Boosting Apprenticeship Commencements wage subsidy is supporting small businesses out there to take on a new apprentice in their business. Small businesses are the backbone of the Australian economy, and the Morrison government will back them every step of the way.

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