George Campbell (NSW, Australian Labor Party) Share this | Hansard source

Mr President, I ask a supplementary question. I thank the minister for that response to the question. I hope he sends a copy of the transcript to Mr Warburton. Does the minister still stand by his public comments of 22 January, when he said, ‘I want to say to you that there is a very good case for abolishing the current 15 per cent tax on superannuation contributions,’ which would lift private savings for retirement in Australia? Or has he been convinced by the commentary of his own colleague the then Assistant Treasurer, Mr Brough, who has attacked calls for a reduction in the 15 per cent contributions tax as ‘a tax cut for the rich’ and ‘unaffordable’?