Peter Costello (Higgins, Liberal Party, Treasurer) Share this | Hansard source

I thank the honourable member for Hughes. I can tell her that it is now seven months since the government announced the most far-reaching reform of superannuation in Australia’s history. Former Labor minister Susan Ryan wrote:

Costello’s uncharacteristically bold and effective plan to simplify super and reduce its taxes should be commended.

She went on to say:

Maybe faced with the Treasurer’s bold gazumping of Labor’s cherished but slightly shabby super property, the Opposition will find the resolve to get another big picture worked out, and the wherewithal to let voters know about it.

That was seven months ago, and endorsed by Susan Ryan. We have been waiting breathlessly to hear what the Labor Party thinks about it.

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