Abbie Chatfield

They were worried that their rent was going to increase because their landlord would have to pay more every week because of negative gearing.

That's not the case.

Their rent might increase, but that's because of people's greed.

Yes, that's because landlords seeing an opportunity to say, oh, well, the media landscape, the society is thinking this is going to happen.

It's expected of us.

So let's go through capital gains and what's actually happening because I think people don't understand what it is.

Understandably, like how often – if you're a young person, you're not thinking about capital gains tax.

You're thinking if you can afford your rent.

That's right.

So can you explain what the rules were before and what's actually changed?

No, it wouldn't affect if you buy a house, for example, or if you're a small business owner, which we should talk about.

If you buy a house and you are living in that house and you make profit on that house, that is not affected by capital gains tax.

And also this has been grandfathered in as well.

So it's not applicable to people who already own properties.

That's right.

So what's the uproar, do you think, from the people that do have 200 properties, for example, they aren't being affected.

So why do you think they are having such an impact?

And they are scary headlines because, like I was saying, you know, my girlfriends who are left-wing Greens voters are going, wait, is the budget bad for us?

Should we be – and not that they're ever putting Labor first and they still wouldn't change their Greens preference, but they're genuinely –

they're confused.