House debates

Wednesday, 3 September 2014

Questions without Notice

Superannuation

2:57 pm

Photo of Joe HockeyJoe Hockey (North Sydney, Liberal Party, Treasurer) Share this | Hansard source

I tell you what: there were 23 million Australians disadvantaged under six years of Labor—23 million! Then there is strike No. 3: Bill Shorten's closing address to the OECD Global Forum on Private Pensions, and I quote:

Analysis suggests that, over time, Superannuation Guarantee increases have come out of wages, rather than profits.

So, if the Labor Party are crying crocodile tears about superannuation increases, they should note that the money for the superannuation increases comes out of the pockets of the workers of Australia. So, by not increasing at the speed that was suggested, according to what was previously laid before the Australian people, we have put more money into the pockets of Australian workers.

Mr Brendan O'Connor interjecting

The SPEAKER:  The member for Gorton will leave under 94(a).

The member for Gorton then left the chamber.

We make no apologies for being the best friend of Australian workers, because everything we do starts with a job and a well-paying job.

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