QUESTIONS WITHOUT NOTICE

Senator WONG (South Australia—Minister for Foreign Affairs and Leader of the Government in the Senate) (15:23): As I said yesterday, these are a very small number of arrangements. The logic of them and of the amendment passed is the protection of superannuation savings. People are still able to purchase.

We are simply banning these particular borrowing arrangements. I know, Senator, that you want to try and make this the issue because you want to try and avoid answering the question about why it is you don't want more first homeowners over the next 10 years and why you don't want 13 million Australians to be given a tax cut.