Craig Emerson (Rankin, Australian Labor Party, Minister Assisting the Finance Minister on Deregulation) Share this | Hansard source

My list is complete, but I will remind the member for Hinkler that, for him, it is 10,086. He was not listening the first time. The member for O’Connor’s point is the repetition of a completely false statement. The coalition have been saying that only incorporated small businesses will get the $5,000 instant write-off. We just heard it from the member for Mackellar. The truth is that they have no idea about tax. Every one of Australia’s 2.4 million small businesses will get this tax break if the Rudd Labor government can get this legislation through the Senate, because it applies to sole traders, to partnerships and to companies.

I will just complete on this point. This is a very important book, I think the opposition leader would say.

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