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Housing

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Debates

Debate · HouseDebate only

Housing · Negative gearing changes

Did the PM rule out the Greens' demand to scrap grandfathering on negative gearing?

Labor's housing tax legislation has passed the House and, the Prime Minister said, is set to pass the Senate on Thursday after Labor secured a majority. The Coalition asked whether the government had done a deal with the Greens to remove "grandfathering" — the protection that lets existing property investors keep their current tax breaks.

The PM said Labor's position is not the Greens' position: grandfathering stays, and negative gearing would continue but be steered toward newly built homes rather than existing ones. He argued the changes are giving first home buyers a fairer chance against investors, and pointed to recent auction results.

🗳 A public mood-check, not a scientific poll. Vote to see where the room stands.

🗳 be the first to weigh in🏛 1h 1m debated

📄 House Hansard, 23 Jun 2026 — Budget

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The strongest case each way

Neutral · Government (Labor)The Prime Minister said Labor stands by grandfathering and that its plan differs from the Greens: negative gearing would continue but apply to new homes, not existing ones. He argued this is already helping first home buyers compete without investors backed by taxpayer breaks.

Against · CoalitionThe Coalition framed Labor's changes as "toxic taxes" rammed through via a "dangerous deal" with the Greens, and pressed the PM to flatly rule out ever agreeing to remove grandfathering on negative gearing.

Debate · SenateDebate only

Housing · Labor's housing agenda and tax changes

Is Labor's housing agenda — including its tax changes and deal with the Greens — a broken promise that will worsen the shortage?

Senators debated a Coalition-sponsored statement that Labor's housing plan is a broken promise, that the Prime Minister struck a "dirty deal" with the Greens to pass housing tax changes, and that the government is more than 100,000 homes short of its own target — needing about 270,000 homes built each year by mid-2029. The Coalition attacked the changes to negative gearing and capital gains tax as damaging to supply and unfair to families hit by death or divorce. Labor said its budget aims to level the playing field for first home buyers and blamed nine years of Coalition inaction. The Greens said both major parties caused the crisis and that Labor's changes didn't go far enough. The debate ran 30 minutes with no vote.

🗳 A public mood-check, not a scientific poll. Vote to see where the room stands.

🗳 be the first to weigh in🏛 30m debated

📄 Senate Hansard, 24 Jun 2026 — Housing

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The strongest case each way

For · CoalitionAndrew Bragg said Labor has produced three versions of the same budget in a month, rushed the bill through without proper analysis, and struck a deal with the Greens with no consultation. He argued the tax changes will collapse housing supply, damage confidence, and unfairly penalise families who lose grandfathered benefits through a death or divorce.

For · CoalitionSusan McDonald and Leah Blyth said Labor's spending has driven up inflation and interest rates, making homes harder to afford, and that its 5 per cent deposit scheme pushed up prices. They said Treasury documents show the measures will build 35,000 fewer homes, and that migration far outpaces new construction.

Against · Government (Labor)Ellie Whiteaker and Charlotte Walker said Labor's $47 billion plan is working toward 1.2 million new homes, 55,000 social and affordable rentals and 100,000 homes for first home buyers, with an estimated 75,000 extra first home buyers over a decade. They blamed nine years of Coalition inaction and said reforms level the playing field so buying a first home isn't harder than buying a fifth.

Against · Australian GreensBarbara Pocock said both major parties caused the crisis through decades of unfair investor tax perks, with house prices up 400 per cent since 1989. She said Labor's changes don't go far enough — capping grandfathering to one property would have freed $33 billion for public housing — but the Coalition's ideas of raiding superannuation are worse.

Question Time on Housing

Question Time · Senate100% said dodged

Housing · Property market

Did the government answer on falling auction clearance rates?

The Nationals' Senate leader pressed the government on cooling property auctions after Labor's tax changes, and asked whether the broader risks had been modelled. The minister pointed to first-home-buyer fairness and Treasury forecasts. You judge: straight answer, or not?

Asked · Senator Canavan (Nationals, Qld): Sydney's auction clearance rate is at its lowest since April 2020 and Melbourne's since 2021. Will the minister admit Labor's tax changes have shattered confidence in the property market? Has the government modelled the impact on household wealth, bank lending and the economy?

Answered · Senator Wong (Foreign Affairs, representing the Prime Minister): The minister said the changes are about backing first home buyers, that many factors influence the market and clearance rates were falling before the budget, and cited Treasury forecasts that prices will keep growing — about two per cent lower than they otherwise would be. Pressed on whether the risks had been modelled, she referred back to the same forecasts.

🗳 A public mood-check, not a scientific poll. Judge it: did a straight question get a straight answer?

🗳 1 judged🏛 7m exchange

📄 Senate Hansard, 30 Jun 2026 — Questions Without Notice: Housing, pp.21–22 see exchange ▸

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