Stephen Jones (Throsby, Australian Labor Party) Share this | Hansard source

It was there a lot longer under you, Joe. The member for North Sydney had an opportunity to do something about this when he was in government, if he was so concerned about it. They did absolutely nothing about it. In fact, their great contribution was to try to unwind the system which is providing these sorts of benefits to employees. That was their great contribution to superannuation in this country. The benefits should be applied to the employees, the workers who have worked hard to get that money put away. It is about preserving the value of the superannuation system as a whole.

A lot of fear and smear has been put around about what we are trying to do here. Let me tell you exactly what we are doing.

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