Joe Hockey (North Sydney, Liberal Party, Treasurer) Share this | Hansard source

There are only a few days left to go out there and to buy individual items of equipment, anything up to $20,000, and offset that against your tax on 1 July. What we want to see is Australian small businesses going out there and buying the product that helps them to improve their productivity, that helps them to improve their business and profitability, which in turn means that you are going to see more jobs in Australia.

At the same time we are opening up new trade opportunities. As the Prime Minister said, the free trade agreement with China is going to be a massive opportunity for so many small businesses right across Australia to access an enormous market, particularly with the rise of the Asian middle class. We are going to see greater demand for our services and our exports. We are going to empower small businesses to enter those markets. What a great job the minister for trade has done. He is now over there as we speak opening up a new market in India—and that is good for all small businesses.

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