House debates

Wednesday, 14 September 2016

Questions without Notice

Budget

2:26 pm

Photo of Scott MorrisonScott Morrison (Cook, Liberal Party, Treasurer) Share this | Hansard source

I thank the member for his question. Once again, I can confirm the package of measures that we took forward to the last election and we took forward in this year's budget, which was designed to make sure that our superannuation system was fairer and more flexible, recognising changing working patterns and the things people work for over the course of their lives so that it can reflect their circumstances—for example, if you are a contractor or running a home based business, you are not denied your access to superannuation concessions—which those opposite opposed. Several weeks ago those opposite said they opposed the measure in the budget, in our superannuation package, which was designed to ensure people running home based businesses—those working for small businesses who could not access salary deductions for superannuation contributions—could access those concessions. They said they would not allow and support those measures.

Our package of measures is designed to deliver all of these things, to deliver that $3 billion in net savings to the budget and to ensure that we are making the system flexible and fairer. And we are committed to those measures achieving that goal. We are absolutely committed to those measures achieving that goal. There is no doubt about what members on this side of the House are committed to. We are committed to fairer, more flexible superannuation that achieves the goal of making sure it is sustainable, and we are committed to ensuring jobs and growth in our economy.

But particularly on the issue of growth I want to raise this. The member opposite has asked this question and I think it goes, really, to what he stands for. I notice his statement today, which says, 'Economic growth is only worthwhile if …' 'If'! In what circumstances do you come into this House and say that economic growth is only there if you are interested in it in particular circumstances? What he is saying is that support for economic growth on that side of the House is conditional.

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