Michael McCormack (Riverina, National Party, Shadow Minister for International Development and the Pacific) Share this | Hansard source

As the member for Hinkler has just pointed out in very explicit detail, this tax on unrealised gains is, when it comes to farming property, just nonsense, and anybody with half a modicum of intelligence, financial know-how or acumen would appreciate just that.

Before the May 2022 election, Labor promised, wrongly, that there would be no changes to superannuation, there would be no touching of superannuation—that was promised. But, as we know, everything that Labor says is not the same as what Labor does after it gets elected. It's the same with the $275 power bill cuts; it's the same with this legislation before the House today. I'm surprised that Labor's not just going to ram it through!

See this speech in context