Chris Bowen (McMahon, Australian Labor Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. The Productivity Commission has found that the government's interventions into the housing sector deliver a windfall gain for the banks and that up to half of this gain is paid for by taxpayers because of negative gearing. Why should Australians, including young Australians who are struggling to buy their first home, pay for an annual bonus of $½ billion to the banks because this government refuses to reform negative gearing?

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