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

Darmanin argued the bill protected workers from inappropriate advertising during onboarding, which had previously led to suboptimal financial outcomes. Darmanin cited evidence that banning such advertising could save members millions in fees and prevent duplicate accounts. Darmanin rejected claims that the reforms restricted choice, stating that informed decisions require protection from commercial pressure. Darmanin highlighted the success of stapling in reducing duplicate accounts and commended the bill for strengthening superannuation integrity.

McKim supported the bill, particularly the restrictions on superannuation advertising during onboarding. McKim criticised the Coalition's attempt to remove DGR status from Equality Australia, arguing it targeted LGBTIQA+ advocacy. McKim circulated amendments to remove DGR status from organisations supporting illegal occupations and to expand eligibility for animal welfare groups. McKim stated the Greens would oppose the Coalition's amendment and support the government's proposal.

Dolega supported the bill as a measure to ensure workers made informed superannuation choices without corporate pressure. Dolega linked the reforms to broader Labor achievements in worker protection, including payday super and parental leave. Dolega strongly opposed the amendments to remove Equality Australia from DGR listings, characterising them as divisive and motivated by prejudice. Dolega argued that Equality Australia met charitable standards and deserved the same treatment as other listed organisations.

Roberts opposed the bill primarily due to the grant of DGR status to Equality Australia, which he described as a lobby group rather than a charity. Roberts cited previous rejections by the ACNC and courts, and raised concerns about the Governor-General's patronage of the organisation. Roberts argued that taxpayers should not subsidise an entity engaged in political advocacy against religious schools. Roberts stated One Nation would move an amendment to delete the clause granting DGR status to Equality Australia.

Payman supported the superannuation onboarding reforms but criticised the tax exemptions for World Rugby during a cost-of-living crisis. Payman argued that the explanatory memorandum failed to quantify the budget impact of these exemptions, using vague terms instead. Payman moved a second reading amendment to express concern about the lack of financial transparency and the prioritisation of sporting tax breaks. Payman stated the amendment did not block the bill but sought to highlight the issue of hidden costs.