Jane Hume (Victoria, Liberal Party, Minister for Superannuation, Financial Services and the Digital Economy) Share this | Hansard source

The Morrison government knows that women's economic security in their retirement is particularly important. We're focused on improving the retirement outcomes for women by increasing superannuation coverage and making our system fairer. By removing the $450-per-month threshold for superannuation eligibility imposed by the Labor Party when superannuation began in 1992, we are ensuring that women who are working part time or in multiple jobs are accruing superannuation for their future.

We're also extending access to the downsizer contribution and removing the work test to improve superannuation's flexibility. We know that more women than men make voluntary contributions to their superannuation accounts at all stages of their lives. This is the key element to the retirement income system working better for women. This government's reforms remove barriers to the superannuation system and facilitate those voluntary contributions so that all women can bolster their own super on their own terms when they're able to do so. (Time expired)