Arthur Sinodinos (NSW, Liberal Party, Cabinet Secretary) Share this | Hansard source

The context for this agenda is that in the last year under this government more than 300,000 jobs were created. The government cannot take the credit for all of that—a lot of the credit goes to the workers and the businesspeople of Australia—but we are putting in place a framework of policies to aid them as they work and go about the business of innovation.

Those workers and those businesspeople will have the benefit of our new free trade agreements—our North Asian free trade agreements with Korea, Japan and China—and, significantly, the Trans-Pacific Partnership Agreement now coming down the track. Small and medium sized enterprises will of course continue to take advantage of the initiatives in last year's budget, the 2015 budget, around things like tax cuts. There is also the government's $482 million Entrepreneurs' Program, a flagship firm-level initiative that continues to grow the economy and jobs. (Time expired)