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, through APRA, has, led to 'a windfall gain' for the banking sector. Up to half of this gain is in effect being paid for by taxpayers, as interest on investment loans is tax deductible. The commission estimates the cost borne by taxpayers as a result was up to $500 million a year. Does the Prime Minister agree or disagree?

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