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24 February 2026
At today’s Senate Committee Hearing on the operations of the capital gains tax discount, Master Builders Australia’s Chief Executive Officer Denita Wawn made the case for a holistic approach to housing policy that must result in greater supply.
Ms Wawn stressed that in order for the industry to get closer to the National Housing Accord target of 1.2 million homes in 5 years, then it is necessary for the policy settings to turbocharge new supply, not reduce it.
“The sector cannot afford any new policies that would stall or reduce the number of new homes being built. Housing and taxation policy decisions should be looked at holistically, and any changes should result in increased supply.
“It’s also important to look at the full picture, the rental market relies heavily on private investors. Reductions to the CGT discount risk making investment in new housing less feasible, leading to less investment in rental properties.
“We applaud good policy decisions including the pausing of changes to the National Construction Code, however any introduction of a disincentive to invest in housing as advocated by some would undo much good work,” concluded Ms Wawn.
Ms Wawn’s opening statement to the Select Committee on the Operation of the Capital Gains Tax Discount is available at https://masterbuilders.com.au/wp-content/uploads/2026/02/Denita-Wawn-MBA-Opening-Statement-to-the-Select-Committee-on-the-Operation-of-the-Capital-Gains-Tax-Discount.pdf
Media contact: Dylan Hafey, Media Advisor
0497 330 064 | dylan.hafey@masterbuilders.com.au