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Tuesday, 10 February 2015
Page: 365

Senator CORMANN (Western AustraliaMinister for Finance) (19:17): The government opposes this Greens amendment. People across Australia currently receive information on their superannuation contributions on their pay slips and that will continue to be the case. This bill will not affect in any way, shape or form the information employees currently receive on superannuation contributions on their pay slips. Labor made regulations for additional duplicative provisions imposing additional red tape but never made regulations giving the opportunity for additional information to be included on employee pay slips on superannuation contributions. Labor never made those regulations. That was in relation to information about the date on which the employer expects to pay the contribution and various other bits of information. It is a redundant provision and the government thinks it ought to be removed.