Dr CHALMERS (Rankin—Treasurer) (14:18): Thank you to the member for Griffith for his question about tax policy and housing policy. One of the things we are proudest of about the budget we handed down from this dispatch box on Tuesday night is the billions of dollars in new investments in housing. That's because we recognise that the housing pipeline we inherited after 10 years of neglect needs our urgent attention—and it's receiving our urgent attention. But, more than that, it is receiving $32 billion in investment, including $6 billion of new investment in the budget on Tuesday night. For this I pay tribute to the Minister for Housing and to the government for the way we have made building more homes for Australians a central economic priority of this government and this budget. We don't ask for much. We ask for the parliament to support our efforts. And when we desperately needed those opposite to vote for more housing and when we needed— The SPEAKER: The Treasurer will just pause so I can hear from the member for Griffith on a point of order. Mr Chandler-Mather: It's on relevance. The question went specifically to the capital gains tax discount, and the Treasurer hasn't addressed it at all. The SPEAKER: Yes. He has three minutes to address—there's not a time factor as to when he has to address all aspects, and he doesn't have to address all aspects. He's got to be directly relevant to the topic. I'm just going to ask him to return to the question. Dr CHALMERS: Thanks, Mr Speaker—a question about housing policy and tax policy. I'll deal with the housing policy first, and I'll come to the tax part of it in a minute. We're very proud of the investments we're making in housing. The difference between this side of the House and that side of the House is that we want to build homes and they want to wreck super. That's the difference in the big parties in the parliament. The big clash of ideas in this parliament is that we want to build more homes and they want to wreck super. That's the difference, and we'll hear more of that rubbish tonight about raiding people's superannuation as a substitute for the decent, methodical housing policy that this minister and the government has put in place—something that we're very proud of. In addition to asking about housing policy, the honourable member also asked about tax policy, and there is a change in the budget to capital gains tax. The change in the budget to capital gains tax, which will raise more than half a billion dollars, is to align the capital gains treatment for foreigners with the capital gains treatment for Australians. This is one of the ways that we are methodically, in a considered way, repairing the tax base so that we can fund important things like helping with the cost of living, strengthening Medicare, reforming our universities and investing in more skills to build a future made in Australia. So there's tax reform in the budget—capital gains tax reform in the budget. There's a massive investment in housing because the government—rather than just playing a dodgy dog whistle like this opposition leader does, rather than the clumsy cliches that we'll hear from the opposition leader tonight and rather than their efforts to wreck super versus our efforts to build more homes—have got a housing policy that we are proud of. They will play their usual nasty, negative politics about it.