Senate debates

Monday, 21 June 2021

Questions without Notice

Economy

2:05 pm

Photo of Michaelia CashMichaelia Cash (WA, Liberal Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

Again, as Senator Small knows, as a small-business person himself, the Morrison government's economic plan is backing businesses and it's giving them the confidence they need to take on new staff. We know that businesses create jobs—not just government, but businesses. Governments put in place the policy frameworks for businesses to lever off in order to prosper, grow and create more jobs for Australians, which is certainly what we are seeing under our government.

Our expensing measures and our loss-carryback measures are helping businesses to reinvest in themselves. We're backing those businesses that have the capacity to invest in themselves. We're saying to them, 'Invest in your business, grow your business and employ more Australians.' We also see business confidence now at a record high, and we're seeing business investment continuing to grow. This shows that the Morrison government is putting in place the right economic framework, the right economic policies across Australia to help businesses prosper, grow and create more jobs. (Time expired)

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