Nick Sherry (Tasmania, Australian Labor Party, Shadow Minister for Banking and Financial Services) Share this | Hansard source

Mr President, I ask a supplementary question. I will give an example to the minister of a supervisor linesman who has contacted me. He has been employed by Telstra since the age of 16 and, as a consequence of privatisation, his pension at age 55 will be cut by $11,000 per year. Is that what the minister means by ‘appropriately looked after’? Why has the minister broken his promise to Telstra employees? Why did the minister not ensure, as a matter of policy, that such employees would be protected—in other words, that the pension promise made will be met?