Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

No, I cannot confirm that. The coalition government, the Liberal-National Party coalition, is of course a strong supporter of small business. Bruce Billson, whom you referenced, was the best small business minister that Australia has had in a very long time. Under Labor I think we had about six small business ministers in six years.

The last budget was a demonstration of how committed this government is to supporting small business. We delivered serious and significant support to help small business to be as successful as it can be. We have not made a final decision in relation to our approach to section 46.

What we have said today—and we believe, responsibly—is that the future approach to section 46 warrants further work. We are committed to doing that work in an orderly and methodical fashion. That will progress in the next few weeks and months. (Time expired)