Senate debates Questions without Notice

Housing


Penny Wong

Penny Wong SA, Australian Labor Party, Minister for Foreign Affairs

2:39 pm

I would make the point that we did have transitional arrangements in place in relation to existing negative gearing. I know that you want to make everything be an issue for the government, but I would make that point. The second point is that the Treasury's modelling on rent over the period remains less than $2 a week. Obviously, there is impact on supply and rents as a result.

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