House debates

Thursday, 25 February 2016

Questions without Notice

Taxation

2:17 pm

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

So the member for McMahon can clarify that point. I assume that he means all personal or professional income. But what he has unquestionably allowed net rental losses to be offset against is of course other investment income. Now from a champion of Australians—unionists and workers—

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