Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

I thank Senator Lundy for the question. What I can confirm is that workers will be better off because they will have more money in their pocket. I can confirm that workers will be better off as a result of the decision made by the Senate yesterday because we will have a stronger economy with more investment, more jobs and more capacity for more people to earn a living and of course accumulate more in superannuation savings. I can confirm that a stronger economy also means better superannuation returns, which means that the retirement savings of people across Australia will deliver a better outcome in retirement. I can also confirm that the Labor Party is jumping up and down and complaining, but they were completely irrelevant yesterday. And guess what? When the Leader of the Opposition was asked whether he would roll it back, whether he would and accelerate the proportion of superannuation back to 12 per cent—