Tony Abbott (Warringah, Liberal Party, Prime Minister) Share this | Hansard source

As a result of the decisions which the government made yesterday and which the parliament passed yesterday, the mining tax is gone and the unsustainable spending associated with the mining tax is also gone. We have completely delivered on our pre-election commitments.

We are ensuring that, for the next 10 years, money that would otherwise be locked up in superannuation remains in workers' pockets. That is a good thing—to have money in workers' pockets—because, as the Leader of the Opposition well knows, compulsory superannuation takes money out of people's pay packets. That is what it does. It takes money out of people's pockets and puts it into the hands of the fund managers. In the right time, under the right circumstances, that is a good thing; but, given the budgetary position that this government is in, that money should stay in workers' pay packets until 2025.

Mr Shorten interjecting—

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