House debates
Monday, 3 November 2025
Questions without Notice
Economy
2:26 pm
Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source
The previous question, Mr Speaker, as you'll recall, was about cost-of-living measures. We know that, if you listen between the lines of that question, what they're saying is they would rip and cut everything that we are doing when it comes to cost-of-living measures to assist people. That is what we know that they would do, because it is in their DNA.
Then he had the hide to ask a question about superannuation. Labor is the party of superannuation. We created it. We strengthened it. The measures that have been put forward by the Treasurer will further strengthen the universal superannuation system. For a start, they affect a small number. They were apoplectic about 0.5 per cent of people who will be impacted by the changes, an equity measure. Not only do we now have an equity measure that we tried to get through last time but that was blocked by the 'no-alition' in the Senate; now we have a two-tier system. Just as our income tax system under this government is progressive—like the changes that we made to stage 3—we have made changes to superannuation which will make it more progressive as well, consistent with what Labor governments do every single time. At the same time, of course, we have legislated—
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