Barbara Pocock (SA, Australian Greens) Share this | Hansard source

My question is to the Minister representing the Minister for Housing, Senator Ayres. Inflation is hitting Australians hard. Many households are just one or two interest rate or rent hikes away from losing their homes. Over the past four years since coming to power in 2022, Labor has wasted $53 billion on tax concessions for wealthy property investors—money that's benefited top income earners and investors while pushing up housing prices and fuelling the crisis. This is $53 billion which could have gone to building public social housing for ordinary Australians. A further $190 billion will be wasted over the next decade if Labor continues with these massive tax benefits. Minister, will you commit to scrapping the tax breaks at the May budget as a down payment on housing equality?