Ian Macdonald (Queensland, Liberal Party) Share this | Hansard source

Thank you, Senator Watt. That saves me wasting my other 32 seconds on wondering what your expertise is. It hasn't become obvious to me in the time that you've been here. I'm sure it's not financial expertise, but it's not relevant.

Clearly the whole superannuation industry and the industry funds really do need serious looking at. What's wrong with having independent directors—not workers' representatives or employers' representatives but independent directors—who will look after the money well on behalf of the contributors? (Time expired)