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SENATE SELECT COMMITTEE ON SUPERANNUATION : 13/08/1997 : Restrictions on early release of superannuation moneys : [Senate Committee Hansard]

Date: 13/08/1997 - Collection: Committees - ID: committees/commsen/rcomw970813a_ssu.out/0000 - Source: Senate

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SENATE SELECT COMMITTEE ON SUPERANNUATION : 13/08/1997 : Restrictions on early release of superannuation moneys : Start of Business : [Senate Committee Hansard]

SENATE SELECT COMMITTEE ON SUPERANNUATION Restrictions on early release of superannuation moneys MELBOURNE Wednesday, 13 August 1997 Present Senator Watson (Chair) Senator Allison Senator Chris Evans Senator Conroy The committee met at 9.19 a.m. Senator Watson took the chair. STEVENS, Mr Raymond John, Director, William M. Mercer Pty Ltd, Level 29,

Date: 13/08/1997 - Collection: Committees - ID: committees/commsen/rcomw970813a_ssu.out/0001 - Source: Senate

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SENATE SELECT COMMITTEE ON SUPERANNUATION : 13/08/1997 : Restrictions on early release of superannuation moneys : [Senate Committee Hansard]

WARD Mr John David, Manager, Research and Information, William M. Mercer Pty Ltd, 101 Collins Street, Melbourne, Victoria

Date: 13/08/1997 - Collection: Committees - ID: committees/commsen/rcomw970813a_ssu.out/0002 - Source: Senate

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SENATE SELECT COMMITTEE ON SUPERANNUATION : 13/08/1997 : Restrictions on early release of superannuation moneys : [Senate Committee Hansard]

CHAIR —This is the first public hearing on the committee's inquiry into restrictions on the early release of superannuation moneys. On the recommendation of the Selection of Bills Committee, the Senate on 19 June referred the Small Superannuation Accounts Amendment Bill to the committee for inquiry and report by 28 August 1997. The provisions

Date: 13/08/1997 - Collection: Committees - ID: committees/commsen/rcomw970813a_ssu.out/0003 - Source: Senate

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SENATE SELECT COMMITTEE ON SUPERANNUATION : 13/08/1997 : Restrictions on early release of superannuation moneys : [Senate Committee Hansard]

HOPCROFT Ms Robyn Bernadette, Acting Assistant Ombudsman and Acting Public Guardian, Office of the Ombudsman, 23 Kirksway Place, Battery Point, Tasmania 7000 HUTCHINSON Mrs Debbie Anne, 29 Fourth Avenue, New Norfolk,

Date: 13/08/1997 - Collection: Committees - ID: committees/commsen/rcomw970813a_ssu.out/0004 - Source: Senate

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SENATE SELECT COMMITTEE ON SUPERANNUATION : 13/08/1997 : Restrictions on early release of superannuation moneys : [Senate Committee Hansard]

CHAIR —Thank you for your submission to the inquiry, Ms Hopcroft, and you, Mrs Hutchinson, for your willingness to give evidence. In what capacity do you appear to give evidence, Mrs Hutchinson? Mrs Hutchinson —As a private citizen. CHAIR —Thank you. We have examined the submission, especially the circumstances of Mr and Mrs

Date: 13/08/1997 - Collection: Committees - ID: committees/commsen/rcomw970813a_ssu.out/0005 - Source: Senate

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SENATE SELECT COMMITTEE ON SUPERANNUATION : 13/08/1997 : Restrictions on early release of superannuation moneys : [Senate Committee Hansard]

BERRILL Mr John Gregory, Partner, Superannuation, Maurice Blackburn & Co, 550 Swanston Street, Carlton, Victoria 3053 HAUPTMANN Mr Kit, Chief Executive Officer and Senior Financial Counsellor, Financial Counselling Service Southern, 41 Nicholson Street, Bentleigh, Victoria

Date: 13/08/1997 - Collection: Committees - ID: committees/commsen/rcomw970813a_ssu.out/0006 - Source: Senate

8

SENATE SELECT COMMITTEE ON SUPERANNUATION : 13/08/1997 : Restrictions on early release of superannuation moneys : [Senate Committee Hansard]

CHAIR —Welcome. I understand we have had the pleasure of your company, Mr Berrill, on previous occasions regarding workplace issues. Thank you for your submission, Mr Hauptmann. I welcome the contribution by people such as you who work at coalface on these sorts of issues. I invite you to speak to your submission and

Date: 13/08/1997 - Collection: Committees - ID: committees/commsen/rcomw970813a_ssu.out/0007 - Source: Senate

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SENATE SELECT COMMITTEE ON SUPERANNUATION : 13/08/1997 : Restrictions on early release of superannuation moneys : [Senate Committee Hansard]

HAYWOOD Mrs Marion Bridget, 1 New Street, California Gully, Victoria 3556 HAYWOOD Mr Ronald Gordon, 1 New Street, California Gully,

Date: 13/08/1997 - Collection: Committees - ID: committees/commsen/rcomw970813a_ssu.out/0008 - Source: Senate

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SENATE SELECT COMMITTEE ON SUPERANNUATION : 13/08/1997 : Restrictions on early release of superannuation moneys : [Senate Committee Hansard]

CHAIR —I welcome Mrs Marion Haywood and Mr Ronald Haywood to the committee. We welcome contributions from individuals as much as from the professionals in society. I invite you to make an opening statement and speak to your submission. Mr Haywood —We have presented a submission because we have discovered what we believe is

Date: 13/08/1997 - Collection: Committees - ID: committees/commsen/rcomw970813a_ssu.out/0009 - Source: Senate

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SENATE SELECT COMMITTEE ON SUPERANNUATION : 13/08/1997 : Restrictions on early release of superannuation moneys : [Senate Committee Hansard]

GILLEN Mr Robert Neil, Partner, Australasian Director, International Assignment Services, Price Waterhouse, 215 Spring Street, Melbourne, Victoria 3000 MURTON Mr John Nicholas, Senior Consultant, Price Waterhouse, 215 Spring Street, Melbourne, Victoria 3000 VAN SCHAIK Mr Michael William, Associate Director, International Assignment Services, Price Waterhouse, 215 Spring Street, Melbourne, Victoria

Date: 13/08/1997 - Collection: Committees - ID: committees/commsen/rcomw970813a_ssu.out/0010 - Source: Senate

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SENATE SELECT COMMITTEE ON SUPERANNUATION : 13/08/1997 : Restrictions on early release of superannuation moneys : [Senate Committee Hansard]

CHAIR —Welcome. Thank you for your submission and your supplementary submission. I now invite you to speak to that. Mr Gillen —It is certainly a pleasure to be here, and we thank you for your time. Just by way of introduction, I am the Australasian Director for our International Assignment Services practice, so

Date: 13/08/1997 - Collection: Committees - ID: committees/commsen/rcomw970813a_ssu.out/0011 - Source: Senate

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SENATE SELECT COMMITTEE ON SUPERANNUATION : 13/08/1997 : Restrictions on early release of superannuation moneys : [Senate Committee Hansard]

MOSES Mr Michael Charles, 11 Brookman Street, Northbridge, Western Australia

Date: 13/08/1997 - Collection: Committees - ID: committees/commsen/rcomw970813a_ssu.out/0012 - Source: Senate

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SENATE SELECT COMMITTEE ON SUPERANNUATION : 13/08/1997 : Restrictions on early release of superannuation moneys : [Senate Committee Hansard]

CHAIR —I am Senator Watson. I chair the Senate Select Committee on Superannuation. Thank you very much for your submission. The committee has found it very helpful. It was certainly a somewhat different case from many other submissions that we have received. For that reason, we have sought to get your wider views on

Date: 13/08/1997 - Collection: Committees - ID: committees/commsen/rcomw970813a_ssu.out/0013 - Source: Senate

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SENATE SELECT COMMITTEE ON SUPERANNUATION : 13/08/1997 : Restrictions on early release of superannuation moneys : [Senate Committee Hansard]

KELLEHER Ms Noelle Eileen, Principal, Director--Superannuation, Ernst and Young, 120 Collins Street, Melbourne, Victoria

Date: 13/08/1997 - Collection: Committees - ID: committees/commsen/rcomw970813a_ssu.out/0014 - Source: Senate

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