Chris Bowen (Prospect, Australian Labor Party, Minister for Financial Services, Superannuation and Corporate Law) Share this | Hansard source

Thank you, Mr Speaker. To be fair to the Leader of the Opposition, maybe he did not know this was the impact of the Abbott plan when he wrote it in Battlelines. Maybe he did not think it through, because we all know who does not understand economics. That is why one of his former cabinet colleagues told the Weekend Australian:

It always drove us crazy that he is not financially minded. He’d get an idea, which was always big and grand, and he tended to ignore everyone’s objections …

Tonight he has a chance to correct his errors and actually back superannuation for Australians. But I have a feeling that at eight o’clock tonight it will be clear that, when it comes to governments and superannuation, Labor is not the best friend superannuation has ever had; Labor is the only friend superannuation has ever had.

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