Legislative Assembly for the ACT: 2022 Week 03 Hansard (Thursday, 7 April 2022) . . Page.. 955 ..
about 69,000 transactions, which, to my understanding, is residential properties that have changed hands. I am assuming that figure is over a 12-month period.
What Mr Gentleman does not take into account is that we had all these people who put their hand up for the ballots of small numbers of blocks. In total, I reckon that is at least 15,000 individuals, because many of them would have been duplicated over a number of ballots. There have got to be 15,000 of them. So the land release is only two per cent of the market because that is what you have restricted it to. It is not that is what the market wants. You have restricted it to two per cent of the market and that is why the price is rising. If 15,000 individuals have put their hand up for these ballots over a period of six or 12 months, what you are talking about there is much more than two per cent of the market, if you are looking at 69,000 transactions. It is much more. I would hope that at some stage this government casts aside Barr-onomics and arrives at the conclusion that the restriction of supply will actually affect demand and will affect the price.
MS CHEYNE (Ginninderra—Assistant Minister for Economic Development, Minister for the Arts, Minister for Business and Better Regulation, Minister for Human Rights and Minister for Multicultural Affairs) (4.16): I was not going to speak, but I feel compelled to, mostly because I am so disturbed by the opposition’s contributions today as a collective—
Mrs Kikkert: The mental health of families living in high-density apartments is disturbing? Is it disturbing?
MS CHEYNE: Yes, Mrs Kikkert. Through you, Mr Acting Speaker, I will happily talk about living in an apartment, because I do. Quite honestly, I am sick of hearing Mrs Kikkert be disparaging of people who do, particularly given that such a significant proportion of her electorate does and does happily, in a neighbourly way. It is absolutely gobsmacking, to be honest—
Mrs Kikkert: Bringing in studies, evidence based—
MR ACTING SPEAKER: Mrs Kikkert!
MS CHEYNE: Mrs Kikkert is trying to suggest that a good proportion of her electorate are suffering from mental health issues because they live in higher density or in—
Mrs Kikkert: Families with little children. Do you listen?
MR ACTING SPEAKER: Mrs Kikkert, you were heard in silence.
MS CHEYNE: Mr Acting Speaker, I did listen, and it was extraordinary. It was just as extraordinary as on Tuesday this week, when Mrs Kikkert said that she thought that the government, in considering reducing the numbers of collections of red bins or landfill waste bins to fortnightly instead of once a week, was using an indirect way of controlling population growth. And she did it again today. Honestly, it is pretty disturbing, coming from the opposition, to suggest that the government, by stealth, is