Kylea Tink (North Sydney, Independent) Share this | Hansard source

Thank you for your commentary, Minister. I would like to put to you that this has broadly been advocated for across a number of organisations. I take what you're saying—that it's not standard practice for taxation brackets to be indexed—but it is certainly true that in most other elements of the super law they are indexed, whether it's what you can take out or what you can put in.

I think the thing that is very concerning to many people is that the potential impact here is for those who have self-managed super funds, particularly farmers and small-business owners who may have assets other than cash in their self-managed super fund. What assurances can you give to people who have taken the initiative and set up a self-managed super fund that this reform is not directly targeted at them, trying to force them back into commercial superannuation systems?

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