Hon DAVID PARKER (Minister of Revenue): The member's premise is incorrect. Firstly, interest deductibility is not being removed for investment in new builds. Secondly, the public consultation was on the finer design details of the removal of interest deductibility for existing residential property and how the exemption for new builds will work. The consultation was not on the merits of the overall policy. The chartered accountants' submission was one of many. The Government is considering all submissions and will make and announce final decisions on the design details in the coming weeks. 