House debates

Wednesday, 20 November 2013

Questions without Notice

Taxation

2:27 pm

Photo of Bernie RipollBernie Ripoll (Oxley, Australian Labor Party, Shadow Minister Assisting the Leader for Small Business) Share this | Hansard source

My question is to the Minister for Small Business. I refer the minister to the bills to be voted on later today which abolish the instant asset write-off, the tax loss carryback and the special depreciation rules for motor vehicles. Can the minister explain why it is his government's priority to cut $4.2 billion in direct assistance to small business while giving further tax breaks to some of the largest corporations in the world?

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