House debates Questions without Notice
Superannuation
Jim Chalmers Rankin, Australian Labor Party, Treasurer
2:38 pm
A big thanks to the member for Adelaide for his question and for being a terrific local member in South Australia. We know that Australians are under pressure. It why we're delivering real change in the tax system and the housing market. It's why we're delivering income tax cuts and higher wages, more bulk-billing and more superannuation. It's why we took the super guarantee to 12 per cent. It's why we're boosting the low-income super tax offset. It's why we're paying super on paid parental leave. It's why we've got payday super. It's why the Assistant Treasurer is doing a wonderful job on consumer protections in the superannuation system.
Labor built super, we strengthened it and now we will have to defend it from those opposite. It is now beyond any doubt that any coalition with One Nation in it will cut super. They will end super as we know it and make Australians poorer as a consequence. What they're proposing today means less money and less economic security for Australians in retirement. This is why a One Nation party in cahoots with the Liberals and Nationals is so dangerous. Super is not safe from those opposite. The shadow treasurer hates compulsory super, Senator Bragg hates compulsory super, One Nation hates compulsory super, the member for Riverina said that they were thinking about—
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