House debates

Monday, 22 July 2019

Questions without Notice

Superannuation

2:41 pm

Photo of Jim ChalmersJim Chalmers (Rankin, Australian Labor Party, Shadow Treasurer) Share this | | Hansard source

My question is to the Prime Minister. This morning this trade minister said of the legislated increase to the superannuation guarantee: 'It's not the government's intentions or plans to change what's legislated at this point in time.' Will the Prime Minister rule out any changes to the legislated increase in the superannuation guarantee?

2:42 pm

Photo of Scott MorrisonScott Morrison (Cook, Liberal Party, Prime Minister) Share this | | Hansard source

I simply say to the member what I just said: there is no change to the government's policy. But, on the topic of superannuation, given we're talking about the positions of parties on superannuation, does the Labor Party stand by its more than $30 billion in higher superannuation taxes? Are they going to walk away from that, or are they going to continue to see superannuation and superannuants as targets for their high-taxing policies? The Labor Party have learnt nothing since the last election. They opposed tax relief. The Leader of the Opposition opposed tax relief in this parliament, speaking against it inside and outside this chamber. They oppose our seeking to support the farmers, graziers and rural communities of this country by legislating the drought fund, yet we continue to invest in infrastructure at record levels. Investment is up $25 billion. In committed funding, we've spent more than six times the amount that the Building Australia Fund actually had in it. The Leader of the Opposition is opposition with a capital O.