House debates

Wednesday, 15 June 2011

Bills

Governance of Australian Government Superannuation Schemes Bill 2011; Second Reading

11:13 am

Photo of Stephen JonesStephen Jones (Throsby, Australian Labor Party) Share this | Hansard source

It is with great sadness that I follow the member for Fadden in this important debate, because what he has visited upon all in this place is a litany of irrelevance and a demonstration of his absolute ignorance of the history of these schemes and how they operate. Let us go through, one by one, some of the gross misrepresentations and some of the examples of his absolute inability to comprehend or understand not only how public sector superannuation schemes have existed for over 50 years but how superannuation exists and is administered and how trustee arrangements operate. It is a great shame the member for Fadden is leaving the chamber at the moment, because he might actually learn something about the portfolio and about the issue that he proposes to expound upon.

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