House debates

Monday, 1 June 2015

Personal Explanations

3:45 pm

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

During question time today, the Minister for Social Services said:

I note that the member for McMahon has equated the tax concessions for compulsory superannuation contributions with a pension or welfare payment.

This is incorrect. In fact, I have repeatedly stated that the government's own budget papers outline that the cost to superannuation tax concessions will surpass the cost to the age pension in the next four years.

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