Senate debates Questions without Notice

Superannuation


Nick Sherry

Nick Sherry Tasmania, Australian Labor Party, Minister Assisting the Minister for Tourism

2:38 pm

There are other measures the Liberal Party will have to consider. We are cutting the tax on 3.2 million Australians' superannuation contribution—the contributions tax. We are cutting tax for small business. All of this is going to be funded, like the increase in the superannuation guarantee, from the mining tax, which the Liberal Party still say no to. What we have today is a Liberal Party 'no' to the mining tax, but they have changed their mind on the super guarantee.

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