Question time in federal parliament

WHAT WE LEARNED:

* Zero, zip, nil, zilch, naught investors will stay in the market for established homes under Labor's proposed changes for negative gearing, Prime Minister Malcolm Turnbull claimed.

* If house prices were to fall by just 5 per cent, the PM said, that would wipe $278 billion off the national balance sheet and disproportionately affect lower-income households.

* You can't use a stuffed unicorn to lampoon Treasurer Scott Morrison, as Labor's Tim Watts and Pat Conroy found out when they were booted from the chamber.

* The PM had a two-tie day: teal for breakfast, dark blue for question time.

WHAT THE GOVERNMENT WANTED TO SPIN:

How good will Thursday's defence white paper be; what we're doing to help cyclone-ravaged Fiji; why housing values are the bedrock of certainty and security for Australian families.

WHAT LABOR WANTED TO TALK ABOUT:

Anything Assistant Treasurer Kelly O'Dwyer said to confuse the government's message, aka a scare campaign, about Labor's policy on negative gearing.

YOU SAID WHAT:

"He's left Laurie Oakes off the list. That is a big call!" PM gently chides shadow treasurer Chris Bowen for selectively quoting other press gallery notables Lenore Taylor (The Guardian) and Paul Kelly (The Australian).

TOP TWEET:

"Turnbull's even wearing Tony's tie. The transformation is almost complete," Labor MP Rob Mitchell.