Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

I resisted talking about negative gearing and the member opposite! But Senator Kovacic said this:

We should not be afraid to consider tax changes, whether they be capping the number of properties that can be negatively geared …

That was in her first speech. You know, that's where you go along and you think, 'What do you really believe in?' There it is, just there, from September 2023. And then the member for Menzies had this to say about negative gearing:

Every lever must be on the table.

I'll tell you what we're doing about housing: we're focusing on supply. That's what we're doing: focusing on supply. We had a tax change in the budget to encourage build to rent. That was the tax change that we had in the budget. I'm not sure if they noticed it, because they were just too busy opposing everything—which is what they do. Except, maybe—I'm not quite sure what their position is on these tax cuts, because they're asking questions about everything but.

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