Nick Sherry (Tasmania, Australian Labor Party, Minister Assisting the Minister for Tourism) Share this | Hansard source

The tax reforms that I have outlined specifically in this case for small business will assist small business and therefore strengthen an otherwise strong economy, in marked contrast to the state of small business and economies in most other developed economies. This $1 billion tax package will be paid for by the mining tax. I noted with interest that the Liberal Party, after having done very little for small business except delivering the GST in their almost 12 years in government, has decided to support the tax package that I have just outlined. At long last the Liberal Party has decided to reduce tax for small business by supporting the measures I have outlined. However, unlike this Labor government, it cannot pay for it. Those opposite are not only going to oppose the mining tax; they have promised to reverse the mining tax. (Time expired)