Question Time AU

General Debate

Superannuation

House of Representatives · Monday 22 June 2026

Official Hansard for this day (APH) · Read this debate on OpenAustralia

At a glance

The debate centred on the Liberal Party's motion criticising the government for failing to implement mandatory service standards for superannuation funds, particularly regarding delayed death benefit payouts. Mary Aldred highlighted constituent cases of significant delays and called for legislative changes to prevent domestic violence perpetrators from receiving benefits. David Moncrieff defended the government's record, noting that draft legislation for enforceable service standards is being prepared for consultation this year. He also outlined broader superannuation reforms, including the increase of the superannuation guarantee to 12 per cent and improvements to the low-income superannuation tax offset.

Summary in reported speech - not a transcript. AI-generated, so check the official record before quoting.

How the debate unfolded

Opened the debate

Aldred moved a motion noting that superannuation death benefits should be processed without delay, citing ASIC legal action against AustralianSuper for delaying nearly 7,000 claims. Aldred argued that the absence of mandated timeframes allowed funds to delay payouts for up to four years, causing financial loss and distress to beneficiaries. Aldred referenced a Parliamentary Joint Committee recommendation to amend laws so that beneficiaries who perpetrated domestic violence against the deceased are declared invalid. Aldred criticised the government for announcing plans for mandatory service standards in January 2025 but making no progress more than a year later.