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23    Taxation—Impact of Tax Policy on House Prices

Senator Ludlam, pursuant to notice of motion not objected to as a formal motion, moved general business notice of motion no. 1050—That the Senate—

    (a)   notes the assertions by:

                  (i)   the Assistant Treasurer (Ms O’Dwyer) that reforming negative gearing and capital gains tax concessions would force up house prices, and

                 (ii)   the Prime Minister (Mr Turnbull) that reforming negative gearing and capital gains tax concessions would force down house prices; and

    (b)   calls on the Government to clarify which house price scare campaign it wishes to proceed with.

Statements by leave : The Minister for Vocational Education and Skills (Senator Ryan) and Senator Ludlam, by leave, made statements relating to the motion.

Question put.

The Senate divided—

AYES, 32

Senators—

Brown

Hanson-Young

Madigan

Polley

Bullock

Ketter

McAllister

Rhiannon

Cameron

Lambie

McEwen (Teller)

Rice

Carr

Lazarus

McKim

Siewert

Collins

Leyonhjelm

McLucas

Simms

Dastyari

Lines

Moore

Singh

Di Natale

Ludlam

O’Neill

Waters

Gallagher

Ludwig

Peris

Whish-Wilson

 

 

NOES, 27

Senators—

Back

Fawcett

McGrath

Ryan

Bernardi

Fierravanti-Wells

McKenzie

Scullion

Bushby (Teller)

Fifield

Nash

Seselja

Canavan

Heffernan

O’Sullivan

Smith

Cash

Johnston

Payne

Wang

Colbeck

Lindgren

Reynolds

Williams

Edwards

Macdonald

Ruston

 

 

 

Question agreed to.