Jim Chalmers (Rankin, Australian Labor Party, Treasurer) Share this | Hansard source

I thank the member for Reid for her question but also for the really important role that she has played in ensuring that thousands of workers in her community will get more superannuation because of this government. That's because our plan to make superannuation fairer from top to bottom is now law. It passed the Senate last night. Super is a force for good in our economy. It's an important source of security for the working people of this country, and last night this government made it stronger and fairer. Already we've delivered the 12 per cent super guarantee, and we're now paying it on paid parental leave. And now we're delivering more super for people with the lowest balances and more sustainable tax breaks for people with the biggest balances.

This is an important economic reform with an intergenerational dividend. It means 1.3 million Australians will have more super because of our boost to the low-income super tax offset. It means more super for 100,000 sales assistants, more super for 50,000 aged-care workers, more super for 7½ thousand workers in Hume, more super for 7,000 workers in Goldstein, more super for 7½ thousand workers in Gippsland and more super for 8½ thousand workers in New England. These workers are getting more super despite their local member and not because of him. That's because the Liberals, Nationals and One Nation all voted for less super for workers, bigger tax breaks for the wealthiest Australians and bigger deficits. All three right-wing parties in this place do what the billionaires tell them to do, not what working people need them to do—and we saw that in the Senate again last night.

Superannuation is not safe under those opposite. The new Leader of the Nationals, just last year—

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