House debates

Wednesday, 24 February 2016

Questions without Notice

Taxation

2:54 pm

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

The fundamental point is this: Labor are putting the value of Australians' homes at risk. If you remove a third of the buyers, a third of the demand, how can anyone seriously believe it will not result in lower prices? That is how prices are set. When there are more buyers and no more sellers, prices go up. When there are more sellers or fewer buyers, prices go down. What Labor do not recognise is that they are tampering with the most important asset of every Australian family. (Time expired)

Comments

No comments