House debates

Monday, 10 February 2025

Questions without Notice

Housing

2:12 pm

Photo of Max Chandler-MatherMax Chandler-Mather (Griffith, Australian Greens) Share this | Hansard source

My question is to the Prime Minister. In five years, rents have increased by 55 per cent and house prices by 49 per cent. The income a renter needs to buy a median priced house in a capital city is $197,000, yet the housing minister says Labor wants house prices to keep rising. Will Labor stop giving property investors with multiple properties big tax handouts that turbocharge house prices and deny renters the chance to buy a home and instead finally phase out negative gearing and the capital gains tax discount?

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