David Pocock (ACT, Independent) Share this | Hansard source

Thank you to Senator Lambie and Senator McKim for lodging this disallowance. It's regrettable that it has taken so long to come to a vote. It would have been much better for everyone who has superannuation, which is most people in Australia, had this happened before the member statements were due last year. We would have been able to see where all this money went, as Senator Bragg pointed out. But we finally got there. Senator McKim has ummed and ahhed for a while and finally wants to send the government back to the drawing board to put transparency at the core of superannuation disclosures. Members absolutely have a right to know where their money is going and how their funds are spending their money. After this disallowance, I encourage the Assistant Treasurer to ensure that any new regulations do just that, because, as we've heard today from all sides of this Senate, Australians want more transparency. They are demanding more transparency. And it's on us to ensure that the government delivers that.