House debates

Monday, 22 May 2017

Questions without Notice

Budget

2:43 pm

Photo of Chris BowenChris Bowen (McMahon, Australian Labor Party, Shadow Treasurer) Share this | Hansard source

My question is to the Prime Minister. I refer to the Prime Minister's confirmation that people who are negatively geared can claim an increased tax deduction if banks pass on the cost of the bank tax. How much will these increased negatively geared deductions cost the budget? Why do banks and property investors get tax deductions while everybody else gets increased bank fees?

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