House debates

Wednesday, 23 November 2016

Questions without Notice

Banking and Financial Services, Superannuation

2:34 pm

Photo of Tanya PlibersekTanya Plibersek (Sydney, Australian Labor Party, Deputy Leader of the Opposition) Share this | Hansard source

) ( ): My question is to the Minister for Revenue and Financial Services. It has been revealed that Australia's biggest banks will have to pay almost $180 million in compensation because they spent years charging over 200,000 customers fees for services that they did not actually receive. Is this what the minister meant when she said she wanted to lift superannuation funds to the same standards as banks? Does the minister really want superannuation account holders to be treated the way banks treat their customers?

Comments

No comments