Bill Shorten (Maribyrnong, Australian Labor Party, Leader of the Opposition) Share this | Hansard source

My question is to the Prime Minister. The Productivity Commission has found that the government's intervention in the housing sector delivers a windfall gain for banks. Up to half of this gain is paid for by taxpayers, as interest on investment loans is tax deductible. Therefore, Prime Minister, by refusing to reform negative gearing, isn't the government giving banks an annual bonus of half a billion dollars of taxpayers' money? When will the Prime Minister put people ahead of the big banks?

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