Katy Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

I thank Senator Hume for the question around an issue that came up during the Treasurer's economic roundtable discussions that were held last week. This was an issue that was raised and has been raised by some. It came up under the section of the roundtable that was looking at capital investment, capital flows and how to ensure that we get the investment in Australia that's needed to support the growing needs of our economy and our country.

The Treasurer has said that he will have a look at it, but he has also made it clear that his assessment of any changes that may come will not be around the super objective and responsibility that funds always look for the best outcome for members. He's been very clear about that. This is one of the areas that has come up. It is going to be an area that will be looked at further, but the Treasurer has not concluded his thinking, nor has the government concluded our thinking on that. This is one of a number of areas which we are doing further work on coming out of the economic reform roundtable, but the Treasurer has been very clear, looking at the performance test, about the areas that he is not going to.