Senate debates

Thursday, 29 November 2012

Bills

Superannuation Legislation Amendment (Further MySuper and Transparency Measures) Bill 2012; First Reading

7:19 pm

Photo of Stephen ConroyStephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

So the full facts could not come out, there was not a full-scale court case, and we were never to know what the deal was, who got it. Senator Conroy, if I am wrong on this, please use your opportunity in the debate to tell me this court case that I relate did not happen. You might tell me how it ended up; I do not know, because it just sort of disappeared.

This bill in part of its operations has the impact of favouring the union super funds. I would like to know how many of my colleagues opposite were actually directors of these union super funds.

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