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

Whether it's ensuring that they pay as little tax as possible, 25 per cent, whether it's ensuring that they're able to invest in the instant asset write-off, whether it's ensuring that they're able to offer their employees more streamlined employee share schemes or, alternatively, give them better access to finance, this government, the Morrison government, will continue to invest in small and family business. What we also know is cash flow is king. Cash flow is king for small businesses, so we are also working to reduce the payment times for small businesses. We know that unfair payment times can severely limit their cash flow and, ultimately, their ability to operate.

The Morrison government, the Liberal-National government, is leading by example, and we are going to ensure that payment times for small businesses will be 20 days or less by 1 July 2019. Cash flow is king, and the Morrison government is leading by example. (Time expired)