Treasurer Josh Frydenberg has demanded the superannuation industry “stop lecturing the government” ahead of an inquiry into retirement incomes.
Industry Super Australia has called on the government to reconsider the appointment of Deborah Ralston to the inquiry, because she has previously lobbied for “voluntary” super for low-income earners.
The treasurer said Ms Ralston would bring great expertise to the inquiry and had the government’s full support.
Our retirement income system is important to the quality of life of every working Australian. This is why the Government is commissioning an independent review of the system to ensure it delivers the outcomes we expect of it.
— Josh Frydenberg (@JoshFrydenberg) September 27, 2019
“Any time ideas are raised that goes against their vested interests they seem to complain very loudly about it,” he told Sky News on Monday.
“They should just make a submission like everyone else to this inquiry and stop lecturing the government as to who we should appoint to these panels.”