Tuesday, 6 September 2022
Questions without Notice
I thank Senator Smith for the supplementary question. I'm not sure where those numbers are coming from, so I would want to check on those before going to the specifics. Look, we know you're opposed to super. We know you can't stand industry funds. We know you don't like unions. You don't like unions, you don't like industry funds, you don't like super. You can't bear it. The regulations will allow transparent reporting of information, streamlining some of the requirements. They will still be required to do a whole range of reporting.
I know you're obsessed with the fact you think that industry super funds make political donations, which is where this is going. They've been asked about that. They say they don't. We've asked the independent regulator, APRA, who have been poring over this issue. They have not found anything. So let's debate it. I'm sure we will have the opportunity to debate this when the regs come before the Senate.