Treasury Laws Amendment (Tax Reform No. 1) Bill 2026, Income Tax Rates Amendment (Tax Reform No. 1) Bill 2026

Senator CHANDLER (Tasmania) (11:55): Just so I can be very clear, Minister, did you just say that, of the $3.6 billion in revenue that these changes bring in collectively, between capital gains tax changes and negative gearing changes, the negative gearing changes will bring in 85 per cent of that $3.6 billion?