Katy Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

As I outlined, in the budget we have extended the ban on foreign purchases of existing homes to 2029. In relation to the ability to purchase on new builds—you will see this from our policies in relation to negative gearing and capital gains tax—we do support investment in new housing construction in this country because it generates supply and we want housing supply to continue at pace. All of the policies that we are using and putting together are about driving supply. In relation to—