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

Senator CHANDLER (Tasmania) (12:54): Minister, I'll move on to a different topic: the impact of your tax changes on housing. We know that the budget says 35,000 fewer homes will be built as a result of the CGT changes and the negative gearing changes. We also know that the reason any houses are being built is that the infrastructure fund you borrowed from a previous coalition policy we have indeed since matched and increased.

Minister, I was wondering whether you had a breakdown of how many of those 35,000 fewer homes that will be built under these changes are as a result of the CGT changes in schedule 1 alone?