Taylor says 30 small businesses a day going bust under Labor

Opposition Leader Angus Taylor says more than 30 small businesses go bust every day under the Labor government.

“A small businesswoman said to me … there is no reason to grow a business in Australia anymore,” Mr Taylor said during Question Time on Monday.

“How many more small businesses have to close for the prime minister to axe his taxes on capital gains, trusts, and negative gearing?”