Senate debates

Wednesday, 6 December 2017

Bills

Treasury Laws Amendment (Putting Consumers First — Establishment of the Australian Financial Complaints Authority) Bill 2017; In Committee

12:14 pm

Photo of Peter Whish-WilsonPeter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

This is my concern, Minister. Your government has been waging a war against the not-for-profit sector in superannuation—the industry super sector. We've had two sets of legislation before this place in recent weeks. We've had them over a year ago. There has been all sorts of rhetoric around the announcement of a royal commission and inclusion in the terms of reference that a commission can go after the not-for-profit industry super sector, and here you're saying the minister is going to consult and then appoint experts to the board however she chooses—presumably, if she's still minister when this organisation gets set up. Will you include not-for-profit representation, because it is the not-for-profit part of the super sector that your government has done everything it can to try to dismantle?

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