House debates

Tuesday, 6 February 2018

Questions without Notice

Economy

2:02 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

They are being encouraged by our small and medium enterprise tax cuts to do more of that, and they're responding. Last year, the Leader of the Opposition went to the National Press Club and said that this year, 2018, he was going to be talking about 'jobs, jobs, jobs'. Well, he didn't talk very much about it, other than his own job. But what we saw was 403,000 jobs created in Australia, three-quarters of them full time. The biggest contribution came from those small and medium family-owned businesses—Australian businesses. They are the very businesses that the Labor Party want to impose higher taxes on, and they claim to come here and say they're for jobs. What do they really think the response of a family-owned business, a small or medium business, is going to be when a Labor government imposes higher taxes? They'll cut back, and I tell you what: they'll cut back on jobs. We're for jobs. Labor's seeking to destroy them. (Time expired)

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