Senate debates

Thursday, 15 September 2016

Questions without Notice: Take Note of Answers

Superannuation

3:21 pm

Photo of Ian MacdonaldIan Macdonald (Queensland, Liberal Party) Share this | Hansard source

Again, I repeat the words of Labor Senator Doug Cameron, who referred to his colleagues as 'lobotomised zombies', meaning that they were just meant to sit there in the Labor party room and take whatever the unions had told the leadership and the leadership then told the lobotomised zombies. They were expected not to have a view, not to be able to put an argument and not to disagree with the leadership, who were being instructed by the unions, whereas in our party we are encouraged to contribute to the debate, and I for one, like Senator Back, was one of those who had concerns about this superannuation policy.

You might recall it was announced on budget night, so there was no prediscussion in the joint party room, because you cannot do that, obviously, with budget measures, and not long after the budget the parliament was prorogued and we went to an election. I did not really understand it. I came down to Canberra one day after the election and I spent four hours with Treasury officials going through every element of the proposed changes so that I could make myself aware of what they were, and I came to the conclusion that two of the elements of the package could be deemed to be retrospective. Now, retrospectivity is anathema to the Liberal Party and always will be. I describe retrospectivity as something where people had planned a course of action, had put that course of action into place and then, through a subsequent government decision that was backdated, they were disadvantaged in what they were doing.

I formed that view and I told Mr Morrison that was my view and I indicated that if these things came to the chamber I would be expressing those views and acting accordingly in the chamber, and I know a lot of my colleagues did. Mr Morrison, to his eternal credit, and Ms O'Dwyer, the Assistant Treasurer, went around Australia talking to people and consulting and working through different issues with senators and members. As a result of that, they have come up with a slightly altered position which is still great for superannuants. It is still saving the budget money, the budget that Labor completely stuffed up. It ran up a debt that would have approached something like $700 billion. We are paying—what is it?—$45 million a day in interest on Labor's debt. So it has been good for the budget. It has been a good tweaking, a very minor tweaking, that does away with the retrospective elements that I was concerned about, and that others were clearly concerned about, and I give Mr Morrison and Ms O'Dwyer every congratulation for the collegial way that they dealt with their colleagues, listened to their colleagues and listened to the industry.

These were not the ideas of just me and all my colleagues. We were reflecting views given to us by the general public—and that is what we are here to do. But Labor Party senators, by contrast—the lobotomised zombies, according to Labor Senator Doug Cameron—are just meant to sit there, look dumb and take whatever is given to them by their leadership, and that is obviously influenced by what the unions tell the leadership. There is a complete contrast. Labor belt on about these subjects but they just do not understand. They do not get that on our side of parliament we are individuals. We are able to make submissions, and the government works with us to make sure we get the right result, which we have now. (Time expired)

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