House debates

Wednesday, 30 May 2007

Questions without Notice

Superannuation

3:06 pm

Photo of Peter DuttonPeter Dutton (Dickson, Liberal Party, Minister for Revenue and Assistant Treasurer) Share this | Hansard source

we know that one of the benefits that flows from good management of the economy is people’s return on their superannuation. People want to amass wealth in their superannuation so that they can support themselves in retirement. One thing will put that at threat, and that is the mismanagement of the Australian economy. Let me make this prediction today: if the Labor Party and the union movement are back in charge of the Australian economy the returns to superannuation funds will again diminish. They diminished when Labor were last in power. If the unions are raping and pillaging business in this country, the companies cannot provide proper returns to their investors.

Comments

No comments