Senate debates

Thursday, 9 March 2023

Questions without Notice

Superannuation: Taxation

2:32 pm

Photo of Matt O'SullivanMatt O'Sullivan (WA, Liberal Party) Share this | Hansard source

' SULLIVAN (—) (): My question is to the Minister representing the Treasurer, Senator Gallagher. On Monday this week, in response to a question from Senator Bragg, you said:

Because of the nature of defined benefits, they will be included in the scheme, and we announced that when we announced the measure. … We expect that the changes will definitely cover defined benefit schemes, and there are a couple of areas that we are going to consult on and that we want some industry advice on.

Can the minister confirm that veterans who are eligible to access a defined benefit scheme will be caught up in Labor's new super tax?

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