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SenateTuesday 12 May 2026

QUESTIONS WITHOUT NOTICE

Senator WHITTEN (Western Australia) (14:50): Labor have told us that they will be abolishing negative gearing on existing homes. This is not the first time this has happened. Bob Hawke abolished negative gearing in 1985, only to bring it back two years later.

Why? Because it killed investment in rental properties and caused rental prices to spike. You're always yelling that we don't support your housing policies.

It's because they're rubbish. Why is the government introducing policies that will kill rental supply while we are in a rental crisis?

SourceSenate, Tuesday 12 May 2026 — official recordTA-260512-senate-e62ae0e7f193:s113