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

I give the same answer. We did go to the last election with a policy position that we have changed, and we are upfront about that—and we are accountable to the Australian people for that. What we say to the Australian people is we have done this because what we can see—despite all the work that we are doing on housing supply—is that, absent changes that the Treasurer announced last night, young Australians will continue to be locked out of the housing market. They will not be able to build the sort of security that their parents and their grandparents did, and we want them to be able to. That is the difference between this side of parliament and that side. The status quo is not working for young Australians, and you only need to look at the budget paper to look at the extent to which intergenerational inequity is worsening. Well, that is not the thing that we want for this country, and that is why we have put this budget forward.