Senate debates

Monday, 15 June 2015

Bills

Tax Laws Amendment (Small Business Measures No. 1) Bill 2015, Tax Laws Amendment (Small Business Measures No. 2) Bill 2015; In Committee

11:10 am

Photo of Peter Whish-WilsonPeter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

It was not a political comment. As I mentioned in my speech on the second reading , every dollar that a small business puts towards their capital, and is therefore entitled to a depreciation deduction up-front on this measure, needs to be putting their business on a sustainable footing. Does the Treasurer accept that every dollar that small businesses put into capital should be to support the long-term sustainability of their business?

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