Mathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | Hansard source

My question is to the Minister representing the Prime Minister, Senator Conroy. Why is the Gillard government not prepared to have a proper debate in the Senate about the Superannuation Legislation Amendment (Service Providers and Other Governance Measures) Bill 2013? In particular, why is the Gillard government so scared to have a proper debate on the merits of our constructive proposal to ensure that at least one third of the directors on union dominated industry super fund boards are independent—a proposal which was of course supported at first in the House of Representatives, and which is completely in line with Labor's own Cooper review recommendations and in line with our coalition policy to improve corporate governance for people's superannuation savings so that their retirement savings are both maximised and safe? Why is the government so scared to have a proper debate about this bill?