Senate debates

Thursday, 21 November 2024

Questions without Notice

Superannuation

2:42 pm

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

There is an existing regulatory arrangement around how superannuation funds operate. There were no changes to that in the announcement today. The announcement today was simply and really is about—the hysteria from those opposite!—saying that the Future Fund Board of Guardians, if they are contemplating investments and being mindful of rates of return and risk as the main priorities, should look at housing, economic infrastructure resilience and security, and the energy transition. It is hardly world-stopping news.

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