Kevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

Firstly, on the question of the impact on employment, if the honourable member reads the documents released by the Treasury, she will see that the analysis contained within them projects an increase in employment as a result of the implementation of the government’s tax measures. The reason for that is that we are boosting the overall cost competitiveness of Australian business at large, and the employment consequences of that across the entire economy are significant, particularly when you look at the concentrations of employment which lie both within and beyond the mining sector. Secondly, she referred to the small business sector. I would have thought that, in terms of the impact of the government’s tax package, the cut to the company rate—30 per cent of small businesses are incorporated—and the impact—

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