Nick Sherry (Tasmania, Australian Labor Party, Minister Assisting the Minister for Tourism) Share this | Hansard source

If you will be quiet, Senator, I will get to the numbers. At the beginning of this month, 4,300 employers were registered with the clearing house and they are clearing almost 30,000 employees with 84,000 employee pavements being made through the system. Some $45 million has been remitted by small business employers and disbursed to superannuation funds.

We know about the onerous obligations that were imposed on employers by the previous government in respect of superannuation choice. It discharges employ­er super guarantee obligations when the money reaches Medicare, so it removes the previous legal obligations imposed. It takes all types of super contributions: personal, salary sacrifice, not just SG. It accepts super payments— (Time expired)