Michaelia Cash (WA, Liberal Party, Minister for Small and Family Business) Share this | Hansard source

The risks are that you will stifle the growth of small business. If you put in place policies, for example, like the Labor Party wants to do, which are going to increase taxes on business, what do you do? They have less money to spend on their business, to invest in their business, and they have less money to grow. As such, they are unable to create more jobs. Under this Liberal-National government we have now seen almost 1.2 million jobs created since we were elected to office in 2013. That is an increase of 10 per cent. Welfare reliance is at a 25-year low. Why? Because we are getting people off welfare and into work. But this only happens when you understand that you need to put in place the economic framework in which businesses are able to prosper and grow. Lower taxes are fundamental to that. That is something that those of us on this side of the chamber will continue to back every step of the way.