Penny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) | Hansard source

I thank Senator Hume for her question. As you know, on budget night, the Treasurer announced a process of consultation on a number of aspects of these very ambitious and substantial tax reforms. They are ambitious and they are substantial because we know the status quo is not working for Australians or for the Australian economy. Consistent with what the Treasurer announced on budget night, the government has worked through a series of consultations, not only with small business—and that has resulted in some changes—but also in relation to the startup sector, where the government has made clear through the release of a consultation paper entitled 'Capital gains tax reforms arrangements for innovative startups' that we are open to a discussion.