The Department of Finance has not done an analysis of the broader economic impacts of this individual measure, but I can say that the approach taken by the parliamentary budget office here is similar to the kind of analysis that is done by the department.
I'd just say that these kinds of studies rely on what we call fiscal multiplier effects to look at the broader economic impacts of a particular policy change. They're based on general relationships that you can observe from past economic studies.
There's a fair degree of uncertainty around those things but, generally speaking, this study finds that if the government had decided to go ahead with the previously announced small business rate reductions in future years, there would have been a modest impact on GDP and employment levels.
I guess, in fact, the budget presents an alternative program. The government is proposing not to go ahead with that particular policy change but to propose an alternative suite of policies, including relying on some measures that are associated with higher fiscal multipliers, things like investments in infrastructure support for modest and low-income households, and as a result of that, come up with a suite of policies that would have an overall very positive impact when you look at the suite of policies overall.