Senate debates

Wednesday, 6 September 2023

Questions without Notice

Women's Economic Security

2:25 pm

Photo of Larissa WatersLarissa Waters (Queensland, Australian Greens) Share this | Hansard source

My question is to the Minister for Finance and Minister for Women, Senator Gallagher. Australian women are retiring with significantly less superannuation savings than men. Paying superannuation on paid parental leave was a 2019 Labor election policy. It would cost $200 million each year, which is less than 10 per cent of the revenue expected to be raised from the government's proposed changes to superannuation tax. You say you're waiting until budget circumstances permit to pay superannuation on PPL, but your proposed super tax changes are a revenue measure that would raise 10 times what is needed to pay super on PPL. Why are you making women wait when you have a proposed revenue source that could fund paying superannuation on paid parental leave?

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