Question Time AU

Matter of Public Importance

Economy

House of Representatives · Thursday 5 February 2026

Official Hansard for this day (APH) · Read this debate on OpenAustralia

At a glance

The debate centred on the high number of small business insolvencies and rising costs under the Albanese government, with the opposition attributing these issues to fiscal recklessness and high spending. Government members defended their record, citing targeted cost-of-living relief, the National Small Business Strategy, and improvements in healthcare and education access. The opposition argued that government spending was driving inflation and interest rates, while the government countered that the opposition had previously suppressed wages and blocked relief measures. The discussion highlighted conflicting views on the causes of economic pressure and the effectiveness of current government interventions.

Outcome

The matter was debated without a vote being taken.

Summary in reported speech - not a transcript. AI-generated, so check the official record before quoting.

How the debate unfolded

Opened the debate

Wilson argued that the government showed contempt for small businesses, citing 41,749 insolvencies since taking office, including significant numbers in construction and hospitality. Wilson claimed that inflation, interest rates, and industrial relations policies were crushing profit margins and forcing closures. Wilson asserted that government spending was driving inflation and that the opposition would cut expenditure to address the crisis. Wilson criticised the Minister for Small Business for suggesting that failed businesses might have been 'dodgy', arguing this demonstrated a lack of support for entrepreneurs.

Government response

Aly welcomed the debate but claimed the opposition had never asked questions about small business during her tenure. Aly argued that while insolvency numbers had risen, the rate of 0.41 per cent was below the long-term historical average. Aly highlighted the National Small Business Strategy, which focused on growth, reducing red tape, and ensuring a fair playing field. Aly pointed to specific measures such as the $20,000 instant asset write-off, digital solution support, and increased government procurement targets for small and medium enterprises.