The Family Home, Pensions and the Assets test
Listen to Daryl Dixon and Ross Greenwood on 2GB’s Money News, as they discuss how the family home could be scrutinised under the age pension, as the government attempts to find revenue to fill the leaks in the budget. Possible changes could impact your family assets and improve access to your superannuation under a proposed plan to restrict the tax payable when selling the family home in retirement.
Daryl addresses how governments facing an ageing population need to encourage people to use their real estate more effectively and encourage productive investment as we face rising unemployment, inadequate tax revenue and a economy that is slowing down.