Peter Hendy (Eden-Monaro, Liberal Party) Share this | Link to this | Hansard source

My question is to the Prime Minister. Will the Prime Minister update the House on how small businesses in my electorate and around Australia can take advantage of the government's small business tax cuts? How will this tax relief support jobs and growth?

Tony Abbott (Warringah, Liberal Party, Prime Minister) Share this | Link to this | Hansard source

I thank the member for Eden-Monaro for his question. I was pleased to go with the member for Eden-Monaro and Senator Seselja today to Better Trailers in Fyshwick.

Gai Brodtmann (Canberra, Australian Labor Party, Shadow Parliamentary Secretary for Defence) Share this | Link to this | Hansard source

It's not in Eden-Monaro!

Tony Abbott (Warringah, Liberal Party, Prime Minister) Share this | Link to this | Hansard source

This business is booming thanks to the best budget ever for the small businesses of Australia.

Opposition members interjecting—

Mrs Bronwyn Bishop (Speaker) Share this | Link to this | Hansard source

I think we have got enough hilarity. I think everybody gets the Fyshwick joke.

Tony Abbott (Warringah, Liberal Party, Prime Minister) Share this | Link to this | Hansard source

They are so amused. If the member for Canberra knew her electorate better, she would realise that lots of people from Eden-Monaro work in Canberra and lots of people from Eden-Monaro work in Fyshwick. I was delighted to be with the member for Eden-Monaro and Senator Seselja at Better Trailers today, because business is booming thanks to the best budget ever for small business.

Mr Perrett interjecting—

Mrs Bronwyn Bishop (Speaker) Share this | Link to this | Hansard source

I remind the member for Moreton, but not again.

Tony Abbott (Warringah, Liberal Party, Prime Minister) Share this | Link to this | Hansard source

I caught up with some of Tony's tradies who are taking advantage of the instant asset write-off to invest in their business, to help their staff and to serve their customers. There are two million small businesses right around Australia that are taking advantage of the instant asset write-off to invest in their businesses, to help their staff and to serve their customers. That is just what good government does. It backs the people in this country who are having a go to do the right thing by themselves and our community. Scott and Janine McPherson, who run Better Trailers, say that customers have brought forward their orders to take advantage of the instant asset write-off. There was Jeoff Noja from Brighter Building Solutions, who not only has bought three utes under the instant asset write-off but also is buying new equipment and improving his business.

Right around Australia, that is exactly what is happening, because this is a government which is open for business. We have abolished the mining tax, we have abolished the carbon tax, we have cut $2 billion from business red tape costs, $1 trillion worth of new projects that will be good for big business and small business have received environmental approval, the biggest infrastructure program in Commonwealth history is now underway, and there are three free trade agreements which will mean that 95 per cent of our exports to China, to Japan and to South Korea will soon be tariff free. So this is what happens when you have a government which is open for business and when you have a government with a plan to deliver a safe, strong and prosperous future for everyone.