House debates
Thursday, 7 September 2023
Questions without Notice
Small Business
2:51 pm
Zali Steggall (Warringah, Independent) Share this | Hansard source
My question is to the Treasurer. Small businesses make up 97.5 per cent of businesses in Australia, and they are facing a perfect storm of impossible cashflow situations, with high interest rates and increased levels of debt from COVID and delayed rents now falling due and also rising. Add to this high energy prices, supply and staff shortages, and a downturn in consumer confidence and spending, and many are facing closure. What additional measures will the government consider—including delaying ATO reporting requirements—to assist them through this difficult period?
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