House debates

Thursday, 14 February 2013

Matters of Public Importance

Superannuation

3:30 pm

Photo of Bernie RipollBernie Ripoll (Oxley, Australian Labor Party, Parliamentary Secretary to the Treasurer) Share this | Hansard source

So they admit they opposed it 'because, because, because—excuse, excuse, excuse'. The reality does not change; they still opposed it. You opposed it; it does not matter why you opposed it. Go and explain it to small business. You opposed a tax cut for small business. You opposed superannuation increases.

Let me remind you of something we did.

The super guarantee sits at nine per cent but it ought to be higher; as a minimum base it is just a little bit too low. So we have already put this into place, and it starts 1 July this year: a rise in the contribution from nine to 12 per cent. That is an incredibly good thing. It is a fantastic thing. Who opposed it? Yep, you've got it: the Liberal opposition. They will oppose tooth and nail everything that comes into this place that is good for ordinary people, working people, people who contribute to the economy, people who pay their taxes, whether they are in small business or not. They will talk about farmers, but they have not for a long time; they must have forgotten about farmers; somehow farmers have just faded away, although we almost heard something about farmers today when they started talking about dams. Of course they oppose dams, they are in favour of dams—they have no damn clue! That is really where it is all at.

So when we talk about the things that are being done and have been done, who believes in super? Who builds super? Who sustains super? Who makes it something for all Australians—the wealthy, the not so wealthy and some of the lowest income earners—to share? It is this Labor government. It has been Labor governments in the past, in history, who have done this. Who opposes it every step of the way? It is the Liberal Party and the Liberal opposition. (Time expired)

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