The request sought the following figures over the forward estimates and medium term:

• Component 1: The revenue forgone from property tax deductions and the Capital Gains Tax (CGT) discount (compared to inflation adjusted indexation of the cost base) on property, both in total and the average per property against which these benefits are claimed.
• Component 2: The ratio between the revenue forgone from property tax deductions and the CGT discount (compared to inflation adjusted indexation of the cost base) and the average housing construction cost based on ABS data.