Senator SHERRY (Tasmania—Minister Assisting on Deregulation and Public Sector Superannuation, Minister for Small Business and Minister Assisting the Minister for Tourism) (14:40): Thank you. We intend to do more. We intend to cut the contributions tax which is currently paid by about 3.5 million low-income earners on their superannuation. We intend to cut or do away with the contributions tax. What is the Liberal Party position on cutting or doing away with the contributions tax? They oppose it. They do not support a tax reduction on superannuation for 3.5 million Australians. So on the retirement income reforms, the increase in the age pension, the increase in the super guarantee and the cut in tax for low-income earners on their superannuation, the Liberal Party either did nothing or they opposed it. This is their position—no improvement in the retirement incomes of over eight million Australians—because they have no retirement income policy. Their only position is: do nothing or oppose. (Time expired)