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Thursday, 19 June 2003
Page: 16984

Debate resumed from 18 June, on motion by Mr Slipper:

That this bill be now read a second time.

upon which Mr Cox moved by way of amendment:

That all words after “That” be omitted with a view to substituting the following words:

“the Bill be withdrawn and redrafted to:

(1) ensure that the proposed surcharge tax reduction to high-income earners, and changes to public sector funds do not proceed; and

(2) provide for a fairer contributions tax cut that will boost retirement incomes for all superannuation fund members to assist in preparing the nation for the ageing population”.