Hon GRANT ROBERTSON: The Government wants to turn around the sale of existing homes to speculators so that first-home buyers have a fair shot in the market. We also want investors and developers to keep building new homes—not just for sale, but also for rent—so we have exempted new builds from the changes announced today. The extension of National's brightline test from five years to 10 years will not apply to new builds. We are also exempting new builds from the changes to interest deductibility, with the exact details of that to be consulted on.