Senate debates

Thursday, 4 August 2022

Questions without Notice

Superannuation

2:18 pm

Photo of Don FarrellDon Farrell (SA, Australian Labor Party, Minister for Trade and Tourism) Share this | Hansard source

No, Senator Bragg. What the Labor Party wants to see is the best retirement possible for Australian workers from their industry superannuation fund, the best that that fund can deliver for them. That's what the Labor Party wants, and I think that's actually what the members of industry superannuation funds want. They want the people who represent them on the boards of those organisations to do their level best to get the absolute best returns. That's what the board members of those funds should be working on. Just remember that there's an obligation on every single member of a superannuation board to deliver the best results for their members, and that's what I believe every single industry fund in this country is doing. (Time expired)

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