QUESTIONS WITHOUT NOTICE

Senator GROGAN (South Australia—Deputy Government Whip in the Senate) (14:07): Thank you to the minister. That's very informative. Last week, following consultation, the Prime Minister and the Treasurer announced further details of the government's tax reform package, extending the small business capital gains tax discount to 2.7 million small businesses and backing innovative startups.

Can the minister outline how these changes give small businesses greater clarity and confidence, while still making the tax system fairer?