Senate debates

Thursday, 21 June 2012

Questions without Notice

Superannuation

2:57 pm

Photo of Kim CarrKim Carr (Victoria, Australian Labor Party, Minister for Human Services) Share this | Hansard source

There have been some suggestions that we need to reduce the flexibility of the scheme and the rights of workers rather than help businesses support the choices of their employees. But we are not in the business of providing a second-best option. Superannuation is a great Labor reform. It provides security for a quality retirement for many millions of workers and their families. This is a legacy that we will not compromise. By enabling them to draw upon the support of a quality public service, we will empower businesses to empower their staff. This is the return on our investment in public enterprise. We do not have to join the Liberal Party in the race to the bottom. We can implement the innovative and creative solutions that Australians deserve. (Time expired)

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