Search Results | Showing 1 - 10 of 24 results for "pension assets test" |
| | | ... large pay-off down the track, Grattan said more of the value of the family home should be included in the Age Pension assets test, and default insurance through super should be reviewed, including assessing whether default insurance cover should be provided ... |
| | | | ... negative gearing and the capital gains tax discount, or counting more of the value of the family home in the Age Pension assets test," it said. But Grattan noted other policies to boost housing supply will still be needed to bring down housing costs ... |
| | | | ... capital over a long period, based on life expectancy. Only 60% of the amount invested counts towards the Age Pension assets test until age 84, or for a minimum of five years, at which time it changes to 30%. "We know that many retirees are living more ... |
| | | | ... spend while working. At the same time, Grattan has suggested counting more of the family home towards the aged pension assets test, saying this could save about $4 billion a year. The main argument for this is that about 40% of the government's spending ... |
| | | | ... the Age Pension rules meaning an investment in this solution qualifies for a 40% upfront discount on the Age Pension assets test. The other available options, the MyNorth Lifetime Super account and Deferred Lifetime Income account can be opened before ... |
| | | | ... for their retirement." The government said it will also make proceeds of the sale of a home exempt from the pension assets test for two years; currently the exemption applies for just one year. This would be implemented from 1 January 2023. |
| | | | The Retirement Income Review found the treatment of housing in the Age Pension assets test provides more support to homeowners compared to non-home owners. The review found the preferential treatment given to home ownership leads to inequities in the ... |
| | | | ... achievable," Challenger wrote in its Retirement Income Research paper. How super balances interact with the Age Pension assets test is important for retirees as the average, large APRA fund member in retirement phase is not eligible for the full Age ... |
| | | | ... Commonwealth Rent Assistance - worth more than $1,400 a year for a single retiree. It also wants to loosen the Age Pension assets test, saying it could boost retirement incomes for around 20% of retirees today, rising to more than 70% of retirees in ... |
| | | | ... the competition first home buyers' face from domestic investors, including owner-occupied housing within the pension assets test, and providing grants or low interest rate loans to state and territory governments for the construction of more affordable ... |
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