CANBERRA, ACT, May 13 -- The Prime Minister of Australia issued the following media release:
MEL CLARKE, HOST: Prime Minister, thank you for joining AM this morning.
PRIME MINISTER: Good to be with you, Melissa.
CLARKE: Now, we've just heard about the details of the changes to negative gearing and capital gains and trusts. Do you have a mandate for this, given you ruled it out at the election?
PRIME MINISTER: Well, we have changed our position, Melissa, but we want to produce a Budget in the first year of this term that's about resilience and reform. The truth is that we've thrown everything at the housing supply issue, but young people still aren't getting a crack. So, we need to make sure that we don't say goodbye to the Australian dr...