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

Senator Bragg, you understand that the policy that was announced will enable people to still use negative gearing when they invest in a new build. But we have a situation where housing prices have diverged from incomes and have risen 400-plus per cent between April 1999 and April 2026, twice as fast as average incomes have risen. Now, you might think that's alright, Senator. This is about housing affordability.