Ms KATE ELLIS (Adelaide) (14:38): My question is to the Prime Minister. Are the reports accurate that the Prime Minister is preparing to walk away from changes to negative gearing because he has been backed into a corner by a full-frontal assault from the former Prime Minister and the backbench? Isn't it the case that, by rejecting Labor's housing affordability plan, the Prime Minister is choosing to protect $32 billion of tax loopholes at the same time he is cutting $30 billion from our schools?