Penny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

Senator, I'm giving you an answer around the advice that I understood had been provided was around half a per cent over six years, and the facts are that other factors have a much greater influence on house prices, including interest rates and supply, which brings me to the point that I think is of relevance. Senator, if you are keen on reducing the growth in housing prices, perhaps, instead of wandering around secretly announcing the junking of your policies, you might actually want to think about what it is you support for housing supply. Housing supply is fundamental to making sure we have more affordable pricing.