Senate debates

Thursday, 17 June 2021

Bills

Treasury Laws Amendment (More Flexible Superannuation) Bill 2020; In Committee

9:47 am

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

Many of those who breach this cap do so through absolutely no choice of their own. Removing the excess contributions charge simply removes red tape and simplifies the superannuation system.

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