Senate debates

Wednesday, 14 September 2016

Questions without Notice

Superannuation

2:42 pm

Photo of David LeyonhjelmDavid Leyonhjelm (NSW, Liberal Democratic Party) Share this | Hansard source

My question is to Senator Cormann, as the Minister representing the Minister for Revenue and Financial Services. When introducing the budget on 12 May 2015, the former Treasurer Mr Hockey said, 'There will be no new taxes on superannuation under this government.' A year later, the Prime Minister says the government 'must live within its means', yet you have announced new taxes on superannuation. This is obviously to cover up your inability to live within your means. So now you have developed a taste for other people's superannuation, will you admit that you may dip into this once again, or can you commit that the superannuation taxation changes announced in the budget will be the only changes this parliamentary term?

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