Senate debates

Wednesday, 24 September 2008

First Home Saver Accounts (Further Provisions) Amendment Bill 2008; First Home Saver Account Providers Supervisory Levy Imposition Bill 2008

In Committee

11:07 am

Photo of Nick SherryNick Sherry (Tasmania, Australian Labor Party, Minister for Superannuation and Corporate Law) Share this | Hansard source

I am happy to provide a briefing about the IT administration difficulties and compliance difficulties with means tests and their general complexity; I have made that offer. We will still be voting down the amendment, because that is not the only reason why we oppose it. It is not the only reason; it is one of three reasons. I have outlined the other two.

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