Bill Shorten (Maribyrnong, Australian Labor Party, Leader of the Opposition) Share this | Link to this | Hansard source

My question is to the Prime Minister. During question time yesterday someone said: 'Increasing capital gains is no part of our thinking whatsoever.' Prime Minister, can you please help the House and let us know who said that?

Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Link to this | Hansard source

I thank the honourable member for his question. And I will take the opportunity to further develop the arguments that I have been making about the dangers of Labor's policies on capital gains tax and negative gearing.

Jason Clare (Blaxland, Australian Labor Party, Shadow Minister for Communications) Share this | Link to this | Hansard source

Waffler! More waffles than—

Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Link to this | Hansard source

It's waffle? That is very interesting. The member for Blaxland regards—and I hope every single house owner, homeowner, in his electorate is listening to that. Their elected member of parliament—I say this to the electors of Blaxland—their member of parliament says talking about the value of your home is waffle! That is what he thinks.

Ms King interjecting—

Tony Smith (Speaker) Share this | Link to this | Hansard source

The member for Ballarat is warned.

Mr Albanese interjecting—

Mr Dutton interjecting—

The member for Grayndler will cease interjecting. The Minister for Immigration will cease interjecting.

Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Link to this | Hansard source

He thinks your home is waffle. The voters of the member for Blaxland know that their federal representative does not care about the value of their home.

Mr Albanese interjecting—

Mr Dutton interjecting—

Tony Smith (Speaker) Share this | Link to this | Hansard source

The Prime Minister will resume his seat. The member for Grayndler and the Minister for Immigration will cease interjecting. Has the Prime Minister concluded his answer?

Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Link to this | Hansard source

I have, indeed.

Ms King interjecting—

Tony Smith (Speaker) Share this | Link to this | Hansard source

The member for Ballarat has been warned.