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House of RepresentativesThursday 4 June 2026

QUESTIONS WITHOUT NOTICE

Mr ALBANESE (Grayndler—Prime Minister) (14:23): I thank the member for Canning for his question. I also thank him for his support, because on 23 March he said, 'I want to fight for my generation and the generations below'. They see the housing market, particularly, as rigged against them, so there's a policy debate to be had.

But the politics has already bolted. Young Australians— Mr Taylor interjecting— Mr ALBANESE: Just listen to him! Listen to him behind you.

Honourable members interjecting— The SPEAKER: The member for Canning on a point of order? Mr Hastie: It was a forensic question. I ask that you bring the Prime Minister back.

And, while we're at it, can I please table the Hansard from 26 May and today? The SPEAKER: Order! Resume your seat.

The Hansard is available. People are entitled to table anything. The Prime Minister was talking about the person that had asked him the question.

He won't be able to do that for the remainder of the question, but he's 40 seconds in. Mr ALBANESE: Yes, I'm speaking about the member for Canning and what he said about capital gains and negative gearing changes. That is what he said.

He said this: Young Australians want to tear down the system because it doesn't work for them, and if we're not responsive to that as a party, we may well become extinct… Perhaps that explains the return of the great dinosaur, Tony Abbott. Perhaps there's a link there. The SPEAKER: The Manager of Opposition Business, on a point of order?

We've already had one point of order on relevance. Mr Tehan: I just want to help you, Speaker. The Prime Minister is defying your ruling.

The SPEAKER: Yes, and, as I said to the Prime Minister, he won't be able to continue on with that. I'll ask him to move on from the member for Canning. He's asked that question.

An opposition member interjecting— The SPEAKER: Order! Can everyone just show some self-control? The Prime Minister will continue and be directly relevant.

Mr ALBANESE: I'm talking about capital gains. I'm talking about the view held not just by me and those on this side but helpfully by the member for Canning that the system is broken and that there needed to be change. What we've moved from is a discount of 50 per cent to the discount system that was in place prior to 1999, which was a discount system based upon real gains.

That was what was in place. That is the fundamental difference between the two. Mr Taylor: Just levy the Australian people!

Mr ALBANESE: He yabbers away non-stop. Even if he won't listen to people on this side of the House, he can listen to the people behind him. Soon enough, you might have to.

Mr Taylor interjecting— The SPEAKER: I'll ask the Leader of the Opposition to take a break so I can hear from the honourable member for Richmond.

SourceHouse of Representatives, Thursday 4 June 2026 — official recordTA-260604-house-97eb5e75391c:s143