24 February 2016
Media Release - #2016012, 2016

In the role of: Minister for Small Business and Assistant Treasurer [21 September 2015 - 18 July 2016]


I would like to explain my comments on Sunrise this morning about Labor’s reckless negative gearing policy.

The point I was making is that under Labor’s policy there will be increased demand for new property, pushing up prices for new property.

It is clear from Labor’s ill-considered policy that existing house prices will decline.