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

As I said earlier this week and as I've just repeated, we've been clear that we want this to apply to defined benefit schemes as well. If you are fortunate enough to have $3 million in your super account, we think that applying a less concessional arrangement—still highly concessional but just less than is currently available, so 30 per cent instead of 15—to raise a very modest $2 billion when it's fully operational, to contribute to budget repair— (Time expired)