Nick Minchin (SA, Liberal Party, Minister for Finance and Administration) Share this | Hansard source

That is what I heard. My apologies, I heard ‘synthetic’ and I think others did. I would invite Senator Murray to provide to me the quote that he apparently relies upon in which the Prime Minister, he asserts, gave an unconditional promise to fix it this year. I would like to see the description of that promise. He is quite right to say that the Prime Minister has indicated considerable sympathy with respect to this issue, but he does have responsibility for the custodianship of taxpayers’ funds. We already have a massive unfunded superannuation liability which has been built up over a hundred years. This is the first government in the history of the Commonwealth to do anything about that unfunded superannuation liability. I would also point out to Senator Murray that we are currently undertaking a review of defence military schemes— (Time expired)