Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

I talk to young Australians who are this close to giving up any opportunity to aspire to own their own home. I speak to their parents and grandparents, who say that they are worried that their children and grandchildren will never be able to own their own homes. What we are not prepared to do is just sit back and kick the can further down the road. What we are doing is acting—acting in support of aspiration, acting in support of growing the economy, acting in support of housing supply—because there is a difference between investing in an existing home, with negative gearing that benefits the investor, and investing in a new home, which benefits the investor and it benefits the nation.

Honourable members interjecting—

See this speech in context