When it comes to small business, the ignorance of those opposite simply knows no bounds. In fact, we found out today that the minister and the cabinet didn't even know about the ATO's decision not to accept credit cards until the ATO announced it. That's how across their policy they are. That's how across the impacts of their policy they are.

Senator Tyrrell talked about interchange fees. But the trouble is that small business typically pay their payment service providers at a bundled rate. There's absolutely no guarantee that, within that bundled rate, interchange savings actually flow through to small business. Senator Tyrrell actually admitted that herself. She admitted that herself by saying, 'Well, the RBA is going to keep an eye on this.' So there are no savings. These savings that Labor trumpets—savings for small business—are simply illusionary. They're simply a number plucked out of thin air and will never materialise.

Let me give you the case of Shelley, a small-business operator. She has operated two small businesses over 33 years. She uses credit cards to manage cashflow, including BAS liabilities and tax debt. This gives her, she says, approximately six weeks between paying a bill and settling the credit card balances, which she always pays in full. It's a cash flow management tool. She considers the cost of processing fees a small and acceptable cost for the flexibility. The withdrawal of credit card payment options risks removing an established cash flow management tool from businesses like Shelley's. Large quarterly ATO payments in particular are a massive concern in this challenging economic environment, an economic environment that Labor has completely mismanaged. She also fears—and this is something we have heard over and over again—that credit card payments will no longer be accepted by her suppliers and other creditors. This loss of flexibility puts her businesses under extraordinary pressure, and the ignorance of those opposite in trumpeting Labor's management of this issue shows no bounds. Small business is not just struggling; small business is closing its doors. And Labor seems to be doing everything it can to help close them.