Senate debates

Monday, 25 August 2025

Questions without Notice

Superannuation

2:03 pm

Photo of Jane HumeJane Hume (Victoria, Liberal Party) Share this | Hansard source

When the coalition government introduced the performance test, Australians were paying more for their superannuation fees than they were on their electricity and water bills combined. Thanks to the coalition's reforms, super fees are now at record lows, and super fund investment returns have exceeded market expectations every year since. Millions of Australians will now retire with more, so what problem are you trying to solve? Why do you want to make investments in superannuation that would make Australians worse off? (Time expired)

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