House debates

Wednesday, 24 February 2016

Questions without Notice

Housing Affordability

2:24 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

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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