House debates

Tuesday, 25 August 2020

Questions without Notice

Superannuation

3:02 pm

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

One of the many measures that our government put in place to support people through this pandemic was to ensure they could get access to their own savings, their own money, in their own superannuation accounts, to ensure that they could make their way through with their own resources, on top of the other resources that were being made available to the largest income supports that a government has ever put in place in this country. But those opposite think it's their money. They think it's union fund managers' money, to determine how it's done, how many fees they have to pay.

Just today, in the Senate, the 'Your Super, Your Choice' legislation was passed. It's important legislation which understands that people's superannuation money is their money—not the Labor Party's, not the industry fund manager's, not any fund manager's. We believe it belongs to them because they worked for it, they earned it, they saved it. And when they need it in a time of pandemic we're going to make sure they can get access to it.

Those opposite reject that. They resist it. They turn up here like puppets on a string on behalf of the union fund managers and they trot out the lines on their behalf. But we have a message for them: it's not your money. We won't let you take it from those who've earned it when they need it.

Ms Plibersek interjecting

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