Senate debates

Thursday, 17 June 2021

Questions without Notice

Economy

2:08 pm

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

In the last budget we announced our plan to get more people back into work. Budget projections show 250,000 further jobs to be created, and that plan is working. It's working strongly. It's underpinned by policies that drive investment by the private sector across the Australian economy. Our full expensing measures are all about encouraging Australian businesses to invest in their competitiveness, their productivity, and creating jobs for Australians across those sectors. And it's paying dividends.

We have equally, of course, put money back in the pockets of hardworking Australians and their families by bringing forward income tax cuts and by providing the financial support for families to be empowered, to make their own decisions and to get and keep more from their hard work. On this side of the chamber we are resolutely committed to lower taxes as a continued driving vehicle for economic growth, for business investment and to support Australian families. It's a stark contrast to the uncertainty on taxes of those opposite. (Time expired)

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