Taxation
Background
The Leader of the Opposition sought a commitment from the Prime Minister regarding property tax settings.
Question
The member asked whether the Prime Minister would exclude any alterations to negative gearing and capital gains tax treatment on property during his tenure.
Answer from Anthony Albanese
The Prime Minister stated that the government's housing policy is the $32 billion Homes for Australia Plan, rather than changes to negative gearing. He highlighted the build-to-rent scheme, the Housing Australia Future Fund, and the Help to Buy scheme as key initiatives. He criticized the opposition for lacking positive policy ideas, citing their proposals for nuclear energy and business tax cuts as insufficient.
Summary in reported speech - not a transcript. AI-generated, so check the source.
Read on OpenAustralia · Official Hansard (APH) · 1 point of order raised