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Tuesday, 16 November 1993
Page: 2878

To the Honourable the President and Members of the Senate in Parliament assembled.

The Petition of the undersigned shows: That the laws passed in December 1992 counting unrealised capital gains on shares held by pensioners as income for the purposes of the social security income test are unfair, illogical and discriminatory, and should be repealed as soon as is practicable.

Your Petitioners ask that the Senate should: (1) note that the Liberal and National Parties now oppose the laws after voting for them in December; (2) condemn the government for persisting with the laws; and (3) take whatever steps are necessary to achieve the repeal of the laws mentioned above.

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