Malcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) Share this | Link to this | Hansard source

My question is again to the Treasurer. Will the Treasurer confirm whether he, his office or his department have sought or received advice on the introduction of any new tax on the family home, including, but not limited to, the imposition of capital gains tax?

Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Link to this | Hansard source

As I said earlier—

Opposition Members:

Opposition members interjecting—

Harry Jenkins (Speaker) Share this | Link to this | Hansard source

The Treasurer has the call.

Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Link to this | Hansard source

The government has no intention of pre-empting any of the considerations of the Henry review—none whatsoever. If those opposite want to conduct a fear campaign like they have been conducting on the stimulus, like they have been conducting on the bank guarantee, nobody is going to believe them.

This is a comprehensive review being conducted by Dr Henry, right across personal income tax, right across company tax, right across federal-state relations, and it will encompass the full ambit of the tax system. Dr Henry is conducting that review independently, through the Treasury. That is how it should be, and that is what is happening.

Opposition Members:

Opposition members interjecting—

Harry Jenkins (Speaker) Share this | Link to this | Hansard source

Order! The Treasurer had concluded.

Peter Dutton (Dickson, Liberal Party, Shadow Minister for Health and Ageing) Share this | Link to this | Hansard source

Mr Dutton interjecting

Harry Jenkins (Speaker) Share this | Link to this | Hansard source

Order! The member for Dickson will come to the dispatch box and withdraw.

Philip Ruddock (Berowra, Liberal Party) Share this | Link to this | Hansard source

One rules it out; the other rules it in.

Peter Dutton (Dickson, Liberal Party, Shadow Minister for Health and Ageing) Share this | Link to this | Hansard source

I withdraw.

Harry Jenkins (Speaker) Share this | Link to this | Hansard source

The member for Berowra is not helping.