Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

There are 16 minutes left in question time and there is still time for the Labor Party to ask a question on the defence white paper. There is still time for the Labor Party to ask a question about national security. There is still time for the Labor Party to ask about the revitalisation and the modernisation of the Australian Navy. There is time for all of those things, but the sand is running out of the glass and we have one cheap political question—stunt questions—after another. The honourable member knows very well the consequence of making up policy on the run. His own negative-gearing policy has been exposed to be damaging, undermining and threatening to the single most important asset of most Australian families by proposing to take investors out of the residential property market. Currently, 34.7 per cent of new loans for housing are to investors. No-one is going to be borrowing money to invest in housing under a Labor government.

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