House debates

Tuesday, 25 March 2025

Questions without Notice

Housing

2:55 pm

Photo of Clare O'NeilClare O'Neil (Hotham, Australian Labor Party, Minister for Housing) Share this | Hansard source

And, of course, we know this policy is going to leave young people worse off in their retirement. It's going to facilitate a massive intergenerational wealth transfer from the young people who are up here in the gallery to that older property-owning generation. It's rare for me to agree with the Leader of the Opposition, but, on this occasion, I will. He was asked about this proposal in 2017; he said, 'It's just not good policy.' Well, for once, he was actually right.

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