Senate debates

Wednesday, 12 May 2021

Questions without Notice


2:10 pm

Photo of Simon BirminghamSimon Birmingham (SA, Liberal Party, Minister for Finance) Share this | Hansard source

The Liberal and National parties will always be the parties of lower taxes—lower taxes that we are delivering through our income tax cuts, lower taxes that we are delivering through an extension of the low- and middle-income tax offset for another year, supporting 720,000 hardworking individuals across my own state of South Australia and 10 million across Australia altogether. We're the party that's making sure we back Australian business to bring forward their investment decisions through the full expensing measures and the temporary loss carry-back measures that are in place. By our bringing forward those expenses and those investment decisions, Australian businesses will be creating more jobs. Australian businesses will be investing in their productivity and their competitiveness, which will make sure—

Senator Ayres interjecting—

And it's been working, Senator Ayres! I'm happy to say Australian businesses have been doing that, which is why we've extended this program. We've extended it because it's helping to deliver the jobs for Australians. (Time expired)


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