Tanya Plibersek (Sydney, Australian Labor Party, Deputy Leader of the Opposition) Share this | Hansard source

I do, Mr Speaker. Today in question time the Prime Minister said that I had observed that Labor's negative gearing policy will 'ensure that hardworking Australians on average incomes—a nurse, a teacher, a police officer—will not be able to buy an investment property, a residential property, and rent it out, and offset their net rental loss against their income'. That is a complete misrepresentation of what I said. As the Prime Minister knows, Labor's negative gearing policy will continue to allow those people who have access to negative gearing to keep it, and people who want to have access in the future will be required to buy a new property. That is the point that I was making. That will create 25,000 new construction jobs. (Time expired)

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