Tim Wilson (Goldstein, Liberal Party) Share this | Hansard source

The member for Moreton has just proven my point. The point I was making was about how every single time we raise any misappropriation of the funds of Australian workers and their superannuation accounts the Labor Party runs interference. Every time we ask a question and every time we want accountability in the super system, they run interference for their mates in the sector. They won't stand up for workers. They won't stand up for savers. They just do what they do to shut down discussion and debate. That's exactly what we identified in the economics committee only the other day, where we found eligible rollover funds and the re-establishing of low-balance inactive accounts. As a consequence, there are industry super funds that can now mine them for more fees, more profits and more insurance payments that they would otherwise be ineligible for. What they should have been doing is rolling them into the Australian Taxation Office as part of the protecting your super arrangement. That's precisely why this type of legislative reform is critical. It may seem administrative, but it matters.

What is deeply, deeply disturbing is how much these members on the opposition benches simply get up and run this point of interference. They don't ask the tough questions in Economics Committee hearings. Let's face it, the member for—where's Andrew Leigh from?

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