House debates Questions without Notice

Housing Affordability

Wednesday, 24 February 2016 House of Representatives

Malcolm Turnbull

Malcolm Turnbull Wentworth, Liberal Party, Prime Minister

2:24 pm

I thank the honourable member for his question. I appreciate, as he does keenly, how important the value of housing is to the economic security of the people of his electorate, who are already dealing with the transition from the mining construction boom and the consequences of that. I note that, in the Mackay region alone, there are more than 5,700 property owners who claim net rental losses on their investments—who negatively gear their investments.

Mr Albanese interjecting—

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