Senate debates

Tuesday, 2 August 2022

Questions without Notice

Superannuation

2:55 pm

Photo of Jacqui LambieJacqui Lambie (Tasmania, Jacqui Lambie Network) Share this | Hansard source

My question is for the Minister representing the Minister for Financial Services, Senator Gallagher. Minister, right now superannuation managers can only spend their members' money to support their members' financial wellbeing. I would have thought that's just basic common sense, but somehow Labor doesn't agree. Don't you care if directors spend Australians' retirement money on stuff they don't need? We know they'll go back to paying for flashy corporate retreats and news websites like they were doing before we changed the laws.

Comments

No comments