Senator GALLAGHER (Australian Capital Territory—Minister for the Public Service, Minister for Finance, Minister for Women, Manager of Government Business in the Senate and Vice-President of the Executive Council) (14:08): I thank Senator Brockman for the question. I've answered this a number of times this week. Opposition senators interjecting— Senator GALLAGHER: Yes, I have. You have asked the same question a number of times. Opposition senators interjecting— The PRESIDENT: Minister Gallagher, please resume your seat. Senator Watt interjecting— The PRESIDENT: Senator Watt! I've just sat the minister down because there are too many interjections. Minister, please continue. Senator GALLAGHER: Thank you. Yes, I have been asked this. I've been asked it in various ways. Senator Ruston: We've asked but you haven't answered. Senator GALLAGHER: Yes, I have. Superannuation is based on individual accounts. If your account has more than $3 million in it, of which we know is a very small part of the overall numbers of superannuation accounts, then we are increasing or decreasing the concessional arrangements on those high balance accounts, right? So if you have an asset in your super account, you are still required, under the prudential arrangements, to have a diversified portfolio, and you earn income that tips you over the $3 million threshold, then you will pay a concessional rate of 30 per cent instead of 15 per cent on the earnings over $3 million. This would cover people who have a farm as part of their asset or it might include other property that they might have in their super funds. That is the answer I give. That is the answer I've given all week. And that is the position we've taken through these super changes. But I would note, again, that the average super balance in this country is $150,000. To have a dignified retirement is in the order of $565,000. That is what superannuation is for, to allow for a dignified retirement. This is making a modest change— (Time expired) Honourable senators interjecting— The PRESIDENT: I'm going to wait for quiet. I have the senator on his feet. Senator Brockman, first supplementary.