Thursday, 18 June 2020
Treasury Laws Amendment (Your Superannuation, Your Choice) Bill 2019; In Committee
The government will be opposing Labor's amendment. We should be clear what this amendment is really about. It is, in fact, denying the premise of the bill, which is all about choice. It's really about providing assistance to individual funds, which are—let's face it—multibillion dollar companies. We don't feel that they need to be propped up or shielded from competition by removing an employee's right to choose their fund.