Stephen Jones (Whitlam, Australian Labor Party, Assistant Treasurer) Share this | Hansard source

The reason we are doing this is we want to ensure that superannuation is operating as it is intended—to provide a retirement income stream. The member opposite asks me about self-managed superannuation funds that have illiquid assets in them, like property. It is a requirement under the current law that superannuation trustees have provisions within their accounts to account for liquidity events. That is a requirement under the current law.

Opposition members interjecting—

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