STATEMENTS BY MEMBERS

Dr WEBSTER (Mallee) (13:45): Labor's tax attack is killing confidence in Australian real estate, and Mallee is feeling it. While the Minister for Housing was bragging in the House yesterday, people on the ground in Mallee were seeing the damage firsthand. Wes Davidson is a prominent real estate agent in Horsham, in Mallee, and he says: 'We are now seeing the biggest lack of confidence in real estate that I have ever seen in over four decades in the industry.

I am seeing clearance rates at record low levels across the country. They are lower than in the first couple of weeks of COVID, and that was a pretty uncertain time. Now people are saying we're in a more uncertain time because aspirations are being killed by these regulations.' Wes goes on: 'This is the dumbest economic policy we have and the dumbest government I've seen, both state and federal, in terms of housing policy.

It's wrong. It's criminal. And hopefully they'll both get the boot at the next election.'