House debates

Thursday, 7 February 2013

Matters of Public Importance

Superannuation

3:52 pm

Photo of Bruce BillsonBruce Billson (Dunkley, Liberal Party, Shadow Minister for Small Business, Competition Policy and Consumer Affairs) Share this | Hansard source

The minister will throw a cold pie at me if I keep going. But I will persevere, because this is significant for all Australians that are either saving for superannuation, anticipating being able to rely upon it or wondering how they are going to finance their own retirement. I again come back to those small businesses. We know that small businesses know a lot of about superannuation—they are having to pay for the increase. It was interesting, wasn't it, that the Henry tax review recommended against lifting the employer contribution? They said, be a bit smarter with the way you tax the contributions and the earning in the fund and you will achieve adequacy. Well, no, you would not have that from Labor. He never missed a chance to have a go and gouge at a small business.

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