Senate debates

Wednesday, 19 November 2014

Business

Rearrangement

3:08 pm

Photo of Eric AbetzEric Abetz (Tasmania, Liberal Party, Minister for Employment) Share this | Hansard source

Senator Conroy comes in right on cue to say, 'No,' because the Labor Party are not in the game of trying to negotiate to come to a sensible landing. Senator Cormann was able to come to a sensible landing, speaking with many people to achieve the regulations of which we speak today. If we get rid of them we revert to that which was before: uncertainty, chaos and a complete repudiation of the small business sector in this area of superannuation and financial advice. I make no apology that all of us on this side, if we have a choice between huge, big business or small business, will always seek to champion the cause of small business. We will champion the cause of the individual entrepreneur. We will support and champion the cause of the individual men and women and their partnerships that provide financial advisory services to hundreds of thousands of Australians right around this great nation. But what is happening today is an abuse of process—trying to ram something through this Senate to favour big industry super funds.

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