Hollie Hughes (NSW, Liberal Party, Shadow Assistant Minister for Climate Change and Energy) Share this | Hansard source

The Albanese Labor government has reversed the requirement for super funds to disclose how they spend from super funds on sponsorships and payments. No line items, no transparency, no accountability. These payments from super are for things such as million-dollar footy sponsorships, corporate boxes, union kickbacks and lobbying. Australians deserve to know how their retirement savings are being spent. The changes go against recommendations from the Productivity Commission and APRA. If we want to have a serious conversation about transparency for a $3 trillion industry, it shouldn't start with supporting the winding back of measures designed to let the sunlight in. All senators elected on a platform of integrity must support this disallowance.