On housing, James Paterson is asked:

Q: For first-home buyers, you’re promising to allow them to deduct interest akin to negative gearing. Do you know what this policy would do to house prices? Because a number of economists have some pretty serious concerns about this.

Paterson:

I have seen some of the commentary from economists and others, and I have to say when it comes from someone who owns their own home and probably bought it many years ago, it’s going to come across to many Australians as, frankly, pretty out of touch and tone-deaf.

I think people underestimate the generational despair among young Australians who’ve lost hope that they’ll ever be able to buy a home. Some polls show that up to three-quarters of young people believe they will never be able to buy a home.

That’s a disaster for our country.

Frankly, there is quite a lot of intergenerational resentment from young people. This is a really important point, I want to finish quickly. There is intergenerational resentment from young Australians who believe the cards have been stacked against them, and we want to fix that.