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Wednesday, 6 December 2017
Page: 9831


Senator WHISH-WILSON (Tasmania) (11:54): I have some questions, but firstly I want to reiterate the point that I've made the last couple of times I've spoken: we'll be supporting this amendment by Labor. We don't believe that now is the right time to be merging the SCT into this new entity. There needs to be considerable discussion between stakeholders and the government, and with AFCA, before that occurs.

In relation to the SCT being merged into this organisation, I have some questions that I don't believe have been addressed—if it is going to go ahead; hopefully it won't, but if it is. Minister, you mentioned terms of reference in your response to the Nick Xenophon Team. The Association of Superannuation Funds of Australia have given us the key reforms and their positions on these reforms. One of the points they make that they're disappointed by is that, while time limits for complaints will be addressed by the terms of reference, they actually haven't seen the detail of those terms of reference because they're yet to be finalised—I'm not even sure that they are majorly completed yet. I will put on record that it's been a topic of conversation between the Greens and the minister: we've requested to see those terms of reference and the detail around those terms of reference, but they haven't been done yet. Minister, do you have the terms of reference and that kind of detail with you now? And, if you do, will you be able to table them for the Senate?