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

Madam Speaker, we have more confected indignation from an utterly hypocritical opposition, because when members opposite were in government they increased taxes on superannuation by $9 billion. That was the increase in taxes on superannuation—and that was one of the few competent taxes, I suppose. It did actually raise some money. But they not only hit superannuants with extra taxes of $9 billion; they also cut superannuation benefits to lower-income earners by more than $3.3 billion. Hypocrisy, thy name is Labor.

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