House debates Questions without Notice

Taxation

Wednesday, 24 February 2016 House of Representatives

Malcolm Turnbull

Malcolm Turnbull Wentworth, Liberal Party, Prime Minister

2:47 pm

So the honourable member wants to remove one-third of the potential buyers for the most important asset that every Australian family has. He wants us to believe that removing one-third of the buyers will have no impact on prices whatsoever. This defies the fundamental common sense that every Australian knows: where there are more buyers than sellers, prices will go up. The more of those buyers that go, prices will go down. That is what happens in markets. I recognise that the Labor Party—

Mr Dreyfus interjecting—

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