House debates

Wednesday, 9 May 2007

Superannuation Laws Amendment (2007 Budget Co-Contribution Measure) Bill 2007

Second Reading

6:06 pm

Photo of Chris BowenChris Bowen (Prospect, Australian Labor Party, Shadow Assistant Treasurer) Share this | Hansard source

and not the member for Casey. It is Philippa Smith, from the Australian Superannuation Funds Association. We are prepared to support this legislation. It adds to the savings of low- and middle-income earners—and that is a good thing. We are prepared, as a responsible opposition, to say when the government does a good thing. We are prepared to say that we will support this bill and vote for it. But let us not pretend and let us not get high and mighty and say that this is a great reform which is encouraging more savings when it is not. It is an addition to savings that have already been made and, on that basis, we will support it.

Comments

No comments