Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

Thank you. I know it might come as a shock to some of those opposite that Treasury has something to do with wages and the submission to the Fair Work Commission. Treasury, including the very good Secretary to the Treasury, Steven Kennedy—someone who served the previous government, and someone who continues to serve this government—a fine public servant—knows that what we did was to put that in as our first act. That was our first act. Those opposite keep repeating the same acts over and over again, which are to stand here and just give working Australians a reminder that they've never seen a union they didn't want to undermine and that they've never seen industry super funds that they didn't want to get rid of and undermine and weaken. That is why, when they came to office, they had a royal commission into superannuation. What that found, indeed, was that industry super funds perform much better than the retail funds and that industry super funds, which those opposite have played with over and over again—the increases that were there for the super guarantee up to 12 per cent they've undermined, consistently, the whole way through. We on this side support the right of workers to have superannuation. We're pretty proud of it. We're pretty proud that it is part of Labor's legacy.

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