Ed Husic (Chifley, Australian Labor Party) Share this | Hansard source

'Yes, absolutely!' as the member for Werriwa rightly says with a fair dose of sarcasm. The retail funds that perform lower than industry funds are run by the banks. And here's the thing: they attack super through a pandemic, but they let the rats of the financial services sector off the hook by not implementing the banking royal commission recommendations and saying they can't do it now. They want the banks to look after people's retirement. We have seen the most terrible instances where banks have ripped people off and their fortunes have literally disappeared in the cover of night, and this is what the coalition want. This is a joke. People should have the ability to retire in dignity, not worry about supporting themselves and be able to put their feet up after a life of working hard. What we're seeing by the Liberal Party is an utter disgrace.

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