Senate debates

Wednesday, 8 March 2023

Questions without Notice

Superannuation: Taxation

2:03 pm

Photo of Katy GallagherKaty Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

We are upfront about the challenges we've inherited. We have made a very modest change to a small number of people with superannuation balances in excess of $3 million. The average superannuation balance on International Women's Day in this country for women is $140,000. Women retire with less savings in their super, they have less assets, they earn less, and you are—

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