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

The capital gains tax and negative gearing components, I think we've been clear, have a positive impact of $3.6 billion over the forward estimates, and about 85 per cent of that revenue is from the changes to negative gearing. That's all published in the budget papers. I would say in relation to that that the working Australian tax offset, which is also included in this package, has a forward estimate impact of $6.4 billion. Essentially, what is being raised through those schedules is being more than offset and returned to 13.3 million taxpayers through the provision of the working Australian tax offset.