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Thursday, 5 May 1994
Page: 300


Senator SHERRY (Parliamentary Secretary to the Minister for Primary Industries and Energy) (11.11 a.m.) —My comments were in relation to the second point that Senator Kernot raised about the ongoing entitlements to superannuation of the employees. In the final package, when the negotiations started the government of South Australia did not discuss the matter of the $45 million, which is likely to be a higher figure. I am advised that it was only during the negotiations that the superannuation outstanding liability issue was dealt with.

  At the end of the day, the federal government's offer at the federal election campaign was $600 million. It wanted a series of undertakings. The superannuation matter was one of the undertakings the Commonwealth expected. The South Australian government, then and now, is fully aware of that. I do not think I can add anything more to that. I think that matter is very clear. The South Australian government might not like that provision because it might believe that it can get an extra $45 million, or whatever the figure is. But the fact of the matter is that that is the overall package and it is a generous package in the context of the $600 million.