Senate debates

Wednesday, 10 October 2012

Questions without Notice

Superannuation

2:38 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

One thing I will give to Senator Cormann is that he is predictable. Yesterday he had to ask a question about his op ed that was in the paper. Today he asks a question about the front page of the Australian Financial Review, which he also tweeted about—so thank you very much for that.

In terms of the taxation of superannuation and superannuation policy, what I would say is this: those of us on this side are part of the movement which built superannuation in this country. We did that over the vehement opposition of those on the other side, who did not want superannuation to be anything other than the preserve of the wealthy. They did not want superannuation extended to working Australians—

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