House debates Matters of Public Importance

Economy

Tuesday, 23 February 2016 House of Representatives

John Alexander

John Alexander Bennelong, Liberal Party

4:14 pm

Thank you. He can read the clock. Pity you can't do your numbers a little bit better. This is at a time when the Secretary of the Treasury has warned us that we are in a bubble situation. The market is volatile. This is a market that affects every single person who owns a house, rents a house or invests in housing. Yet this opposition, who would seek to be government, would devastate this $5 trillion market and devastate the value of every home or investment property owned by an Australian. The policy is awful and the timing is even worse. (Time expired)

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