Ali France (Dickson, Australian Labor Party) | Link to this | Hansard source

First home buyers have been playing the housing hunger games, where only investors survive and thrive—first home buyers in the arena, armed with a deposit and hope, up against dozens of cashed-up investors. Only one house, one winner—until now. Over the last week I have spoken to many 'tributes' in my electorate of Dickson who say the game has finally changed in their favour. Our changes to negative gearing and capital gains tax incentives announced in the budget are already making a difference on the ground.

Katie and her partner have been trying to buy their first home in Petrie, in my electorate of Dickson, for six years. They have been outbid by investors year after year. Last weekend, Katie went to an open home. It was just her and her partner, no investors. She now feels they have a chance. Kathleen, a 65-year-old single mum from Arana Hills who has spent a year looking for a home, has been outbid many times. Finally, she had her offer accepted on the weekend. Now her daughter and her two grandchildren will move in with her, and she says she finally feels their future will be safe and secure. Our tax reforms finally changed the game. This budget is about levelling the playing field. The odds are finally in their favour.

Henry Pike (Bowman, Liberal National Party, Shadow Assistant Minister for Mental Health) | Link to this | Hansard source

We know the Prime Minister has a challenging relationship with the truth. When he comes to this dispatch box, he tries his best to persuade Australians that what they're experiencing isn't really happening. The problem is that the Australian people aren't buying it. The Australian people aren't quite as stupid as the Prime Minister thinks they are.

When I was back in the Redlands this weekend, I heard from local business owner Vijay, who told me about the impact that the CGT changes will directly have on his ability to expand and hire new staff. It's now no longer worth the risk. And I heard from the retired couple Glen and Margaret, who are two of 23,000 people within my electorate who'll be impacted by the government's reduction of the private health insurance rebate. They told me they can no longer justify the expense.

The Prime Minister is so out of touch with the outside world, so lost in the Canberra bubble, that those voices are entirely lost on him. But he's going to have to step up his efforts if he's going to outspend reality on this one. Perhaps the Prime Minister should ask the networks for another prime-time slot for him to deliver another patronising lecture. Why doesn't the Prime Minister invite Shaquille O'Neal to do a joint press conference to endorse his toxic taxes!

These taxes punish aspirations. The Australian people know that, and they want them axed. Prime Minister, will you listen to those voices from my community want these taxes axed?