Scott Morrison (Cook, Liberal Party, Prime Minister) Share this | Hansard source

Our government has acted to provide catch-up contributions for women in the workforce. Our government has acted for those women who are starting their own businesses, particularly those working from home, so that they can now access the superannuation tax concessions that others can access.

I don't understand why the Labor Party opposed those measures. Why would the Labor Party want to oppose someone running their own business from home getting access to the same superannuation tax concessions that are enjoyed by other female workers? These provisions particularly support those in trades and small businesses, but they do include those who run their own home based businesses. What that shows is that those opposite are happy to support the superannuation savings of those who are in the union workforce, but they're not happy to support the superannuation savings of people who run small and medium-sized businesses. The Labor Party have never understood the psychology, the incentive or the mindset of someone who decides to run their own business, who wants the independence and takes the risk and goes out there to ensure that they can provide for their future.

That betrayal by the Labor Party is also demonstrated when they talk about retirement savings. If they're so interested in retirement savings, why do they want to put their hands in the pockets of senior Australians who have saved and take around $5 billion out of their savings? Do you know who the biggest burden of that retiree tax will fall on? It's women. Thirty per cent more women will be impacted by the Labor Party's retiree tax—

Mr Keogh interjecting—

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