QUESTIONS WITHOUT NOTICE
Dr CHALMERS (Rankin—Treasurer) (14:33): A big thanks to the member for Chisholm for her input into our economic plan, which is all about boosting wages. It's all about cutting income taxes five different times. It's about helping with the cost of living.
It's about making the housing market fairer, especially for young people and first home buyers in suburbs like the ones that she so ably represents. It's also about strengthening superannuation, getting the super guarantee to 12 per cent, paying on paid parental leave, payday super, boosting the low-income super tax offset—some of the issues that the member for Menzies raised just before question time.
We take our intergenerational responsibilities seriously—you'll see that in our housing policy, you'll see that in our approach to superannuation, and you'll see that in the intergenerational report that we release on Monday 21 September at the ANU. There's a very big difference in this place now over superannuation. All of those opposite are all anti-super because they are all anti-worker.
Every dollar a 25-year-old takes out of super today costs them $3 at retirement, and that's before we get to the impacts on the economy or billions more in pensions. The policy put forward by One Nation this week is absolutely bonkers. Instead of rejecting the madness of this policy—the tax on super and workers this week—those opposite have made it clear that they don't want to reject it, they want to replicate it.
When the country was shaking its head while watching the member for New England babbling angrily and incoherently last night, there were the members for Hume and Goldstein and Senator Bragg nodding along enthusiastically. The member for Goldstein has said before that he doesn't support universal super. Senator Bragg said this morning that they're considering the same sorts of policies as One Nation.
Sam Maiden said that their party's going absolutely bananas about this, and now we learn from a leak to the Australian that the member for Hume is sitting on a policy that is even worse than One Nation's policy on superannuation. Not only would it diminish retirement incomes. It would also mean that Australian workers pay more tax.
They haven't learnt, and the story in the Australian makes it clear that they are trying to raise more income taxes by getting people out of super and into the income tax system. Theirs is a recipe for lower wages, higher taxes and less super, so this week makes it really, really clear that One Nation, the Liberals and the Nationals are indistinguishable when it comes to attacking wages, attacking super and attacking workers.
It's another really important reminder that when you mix orange, blue and green the outcome for Australian workers is brown. And it's another reminder that this side of the House backs Australian workers. That side just attacks them.
Mr Abdo interjecting— The SPEAKER: Order! The member for Calwell is warned.