Julia Gillard (Lalor, Australian Labor Party, Prime Minister) Share this | Hansard source

On the circumstances of small businesses—and I presume the business the member for Indi refers to is a small business—we do want to make sure that small business prospers and thrives in this country. That is why we are committed through the Minerals Resource Rent Tax to giving small businesses a tax cut, giving them a company tax cut early and giving them an instant asset write-off of $6,500 so that they can do investments in their business. This is very valuable to small business, but to do it you need to make sure that you are managing the budget properly and, as well, you need to be passing the Minerals Resource Rent Tax.

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