QUESTIONS WITHOUT NOTICE

Senator WONG (South Australia—Minister for Foreign Affairs and Leader of the Government in the Senate) (14:39): I would make the point that we did have transitional arrangements in place in relation to existing negative gearing. I know that you want to make everything be an issue for the government, but I would make that point. The second point is that the Treasury's modelling on rent over the period remains less than $2 a week.

Obviously, there is impact on supply and rents as a result. Honourable senators interjecting— Senator WONG: That is the Treasury's modelling. Obviously there is—I can't hear myself think.

The PRESIDENT: Senator Bragg, second supplementary.