Joel Fitzgibbon (Hunter, Australian Labor Party, Shadow Assistant Treasurer and Revenue) Share this | Hansard source

I thank the parliamentary secretary for his brief answer. I would like to move to another subject—the changes the government is proposing with respect to superannuation in this country. I know that at this stage it is only a proposal and the information in the budget is only very limited, but various costings have been bandied around with respect to the various initiatives the government has taken in the budget, and I was wondering whether the parliamentary secretary could give the parliament some idea of the basis for those costings. There has been talk of the expense of those proposals blowing out to a considerable percentage of GDP, and I was wondering whether the parliamentary secretary could further enlighten us on the basis of the costings and where the major cost is going to be imposed.

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