QUESTIONS WITHOUT NOTICE

Senator KOVACIC (New South Wales) (14:02): Housing finance experts are warning that Labor's housing tax changes are discouraging investment at the very time Australia needs more rental housing, with Macquarie estimating that new lending flows are tracking 20 to 30 per cent below a year ago. Minister, why is Labor driving housing investors out of the market, reducing the supply of rental homes and making rents for Australians even higher?