Katy Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

It was part of the suite of policies that we took to the election campaign, as you know, Senator Payman, and when we go to the election with a series of policies, we implement them in government, and that is what we are doing. But we are doing more than that.

Whilst I acknowledge Senator Payman's speech yesterday on negative gearing, we have no plans to change negative gearing arrangements, and I have to say: that would not deliver one extra house, right now, which is what needs to happen. What needs to happen is: we need to build more houses. We need to increase the supply of housing, and that will allow more people to buy housing, which is why—

Opposition senators interjecting—

Those opposite might think it's funny. They may think it's hilarious that people are struggling to buy housing. But we think it needs policies—

Opposition senators interjecting—