Question Time AU

Bill Debate · Second Reading

Treasury Laws Amendment (Supporting Choice in Superannuation and Other Measures) Bill 2025; Second Reading

Senate · Tuesday 3 March 2026

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

At a glance

The debate focused on the second reading of a bill introducing reforms to superannuation choice processes, advertising restrictions, and various tax measures. The sole speaker, Assistant Minister Anthony Chisholm, moved that the bill be read a second time and sought leave to incorporate his speech into the record. He outlined provisions to streamline superannuation fund selection during employee onboarding and ban inappropriate advertising at that stage. The bill also included tax exemptions for upcoming Rugby World Cups, a new tax treaty with Portugal, updates to deductible gift recipient lists, and increased excise rebates for wine, beer, and spirits producers.

Outcome

The bill was moved for second reading by Anthony Chisholm.

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

How the debate unfolded

Opened the debate

Anthony Chisholm (QLD) (Australian Labor Party) ALP

Chisholm argued that the bill implemented election commitments to streamline superannuation systems and reduce compliance costs. Chisholm explained that Schedule 1 would allow employers to request stapled fund details earlier in the onboarding process to help employees make informed choices and avoid duplicate accounts. Chisholm stated that Schedule 2 would ban advertising superannuation products during onboarding to protect employees from inappropriate influence, with exceptions for regulated MySuper products. Chisholm noted that Schedule 3 provided tax exemptions to support hosting the 2027 and 2029 Rugby World Cups, aligning with previous major sporting events. Chisholm highlighted that Schedule 4 enacted a tax treaty with Portugal to improve investment links and tax integrity. Finally, he described Schedule 6 as delivering tax relief for alcohol producers by increasing the Wine Equalisation Tax rebate cap to $400,000 from 1 July 2026.