Nick Sherry (Tasmania, Australian Labor Party, Minister Assisting the Minister for Tourism) Share this | Hansard source

(Tasmania—) (): We have had conflict­ing statements from those opposite on the issue of superannuation and the increase in the nine per cent superannuation guarantee. It is hard to work out what their policy is. Back in May Mr Abbott said he had no plans to increase the super guarantee—and little wonder, because it is funded at least in part by the revenue from the resources rent tax. Apparently this was not communicated to Mr Hockey last night, who had yet another fairly embarrassing interview on 7.30. He wriggled around, refusing to identify where he was going to make savings, including any savings he might make on the superannuation guarantee. He is having great difficulty because he has to find $70 billion in savings, after they have scrapped the mining tax—if they ever get into government. After they scrap the resources tax the Liberal-National Party have to find tens of millions of dollars to fund all the promises they have made. The Liberal-National Party are wreckers. They have no policies and, if they do, those policies just contradict each other. They are just wreckers who have no regard for the future of the Australian economy. (Time expired)