Hon STUART NASH: The measures announced today will help support businesses by stimulating investment in new and existing buildings and increasing cash flows for businesses. Reinstating building depreciation for industrial and commercial buildings was identified as a key priority for improving productivity by the Tax Working Group. It will have a near immediate impact on a business's cash flow as it reduces the provisional tax payments for the income year, which begins next month for most taxpayers. Expensing low-value assets will incentivise taxpayers, especially small businesses, to invest in capital assets for their businesses and, in the long term, will reduce their compliance costs. Waiving interest on late tax payments for those taxpayers affected by COVID-19 will provide similar relief to taxpayers as seen in other adverse events or emergencies, and increasing the threshold for provisional tax means that around 95,000 taxpayers, many of whom are small businesses, will have more cash in hand during the year and it will reduce their compliance costs. We have taken a targeted approach so we can be more—and this is likely to keep more people in work.