SenateMonday 29 June 2026
QUESTIONS WITHOUT NOTICE
Senator WONG (South Australia—Minister for Foreign Affairs and Leader of the Government in the Senate) (14:36): Well, I think I just spoke about the capital gains tax changes that have been made for small business, and the Treasurer did speak about the fact that there are a number of tax concessions for small business. The active asset reduction is the most accessed concession for small businesses and is broadly applicable.
That is the policy improvement that I was referencing when I referenced the number of small businesses who would benefit from that change. The PRESIDENT: Senator Nampijinpa Price, second supplementary?
SourceSenate, Monday 29 June 2026 — official recordTA-260629-senate-a8fa2fb3debd:s177
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