Max Chandler-Mather (Griffith, Australian Greens) | Hansard source

My question is to the Prime Minister. New analysis by the Parliamentary Budget Office shows that, over the next decade, the federal government will hand over $165 billion in tax handouts to property investors in the form of negative gearing and the capital gains tax discount. Sixty-seven per cent of the benefit will go to the top 20 per cent of earners, while only 14 per cent will go to the bottom 50 per cent of earners. Can the Prime Minister explain why Labor believes this is a good thing?

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