Senate debates

Thursday, 25 June 2026

Bills

Treasury Laws Amendment (Tax Reform No. 1) Bill 2026, Income Tax Rates Amendment (Tax Reform No. 1) Bill 2026; In Committee

12:40 pm

Photo of Katy GallagherKaty Gallagher (ACT, Australian Labor Party, Minister for the Public Service) | Hansard source

We have looked at this. Ninety per cent of small businesses still get access to those concessions. But we think this is the most effective way to ensure that all 2.7 million active small businesses are eligible for concessional treatment in a way that both deals with some of the issues being raised by small business with us but also does so in an affordable way.

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