House debates Questions without Notice

Taxation

Thursday, 15 October 2015 House of Representatives

Mr Tony Burke

Mr Tony Burke Watson, Australian Labor Party, Shadow Minister for Finance

3:06 pm

My question is to the Prime Minister, and I refer to the Prime Minister's previous answer. The average superannuation balance of an Australian woman still contributing to superannuation is around $40,000. The minimum buy-in for the Bowery Investment Fund that he referred to in the previous answer, in the Cayman Islands, is US$1 million. Is the Prime Minister seriously so out of touch that he thinks millions of Australians can simply choose—

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