Senate debates

Thursday, 18 June 2020

Bills

Treasury Laws Amendment (Your Superannuation, Your Choice) Bill 2019; In Committee

11:35 am

Photo of Jane HumeJane Hume (Victoria, Liberal Party, Assistant Minister for Superannuation, Financial Services and Financial Technology) Share this | Hansard source

I want to thank the chamber for their decision on that particular amendment. It is an important one, as is the next Greens amendment coming up, and I think I can safely pre-empt that, because I have already spoken on it before—accidentally, for which I apologise to Senator Waters. I think it is worth discussing because I know that Senator Waters is going to say that this is a position that I have supported in the past. I'd just draw it to the attention of the chamber, because there are some people who are sitting in the chamber now who might not be familiar with the next Greens amendment: the next Greens amendment is about something called the '$450 rule', which I think is actually a really important part of the superannuation system. It's something that's been around since 1992.

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