Steven Ciobo (Moncrieff, Liberal Party, Minister for Trade, Tourism and Investment) Share this | Hansard source

Many of these export businesses are small and medium-sized enterprises—businesses like King Island Kelp, which exports to the EU and other markets, a great example in north-west Tasmania of a business that's exporting to the world, helping to drive our economy and helping to make sure that it creates jobs.

The question was: are there alternatives? Well, there are alternative approaches, because what we saw today in the captain's call from the Leader of the Opposition was a decision to abandon those small to medium-sized enterprises, a decision to walk away, despite the fact that historically this Leader of the Opposition backed it. He actually said in 2011, 'Reducing the corporate tax rate will then flow on to workers in the form of higher wages.'

Now we see a backflip on tax, but he's combining that backflip with a triple rollback—a rollback on small-business tax cuts, a rollback on personal income tax cuts and a rollback on border protection. They're going to take away income tax cuts from nine million Australians. They're going to hit 20,000 businesses, businesses that employ 1.5 million Australians, with a tax sledgehammer. But the fact is that not all are like that on the Labor side. There are one or two over there who have a different view. We have, of course, the member for Grayndler.

Opposition members interjecting—

'Who me—Albo?' 'Who me?' he says to The Sydney Morning Herald.

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