Senate debates

Thursday, 10 November 2011

Questions without Notice

Superannuation

2:58 pm

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

There are a range of measures and advice from actuaries—for example, the recently published Melbourne Mercer Global Pension Index. This measure of effectively removing the contributions tax from some 3.6 million low-income earners will benefit, for example, over a million low-income Australians in New South Wales and some 93,000 Australians in my home state of Tasmania. There are a range of other figures. The opposition, at a somewhat shambolic and well-leaked leadership group last Friday, have agreed to support the superannuation guarantee. But will they support and maintain the tax cut on 3.6 million low-income earners' superannuation? Will they support that important part of— (Time expired)

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