Here’s how the 2017 budget has changed the rules in the housing game

By Chris Pash    Business Spectator   9 May 2017 The 2017 budget has changed the playing field around the housing game, making it easier to save for a home deposit, encouraging older Australians to move to smaller places and taking out some of the perks which make negative gearing such a lucrative way to…

How the government wants young people to use superannuation to save for a home

By Sam Jacobs   Business Spectator  9 May 2017 The Turnbull government will launch a tax break for people saving for their first home, in the form of voluntary contributions to superannuation. The First Home Super Savers Scheme will come into effect from 1 July this year. Savers will be able to make additional contributions…

Are Incentives for elderly to downsize homes coming?

DAVID CROWE Political correspondent Canberra @CroweDM The Australian  11 March 2017 The federal government will move within weeks to break down barriers that discourage older Australians from “down­sizing” to smaller homes, in a bid to release more property to the market and help tackle housing affordability for younger families. Retired Australians would gain new incentives…

Big name hits out at ‘Centrelink bureaucracy’ for retirees

MIRANDA BROWNLEE  24 Jan 2017   SMSF ADVISER The aged pension system, particularly in light of recent threshold changes, is overly complex and leaving retirees without a clear indication of what their income will be – potentially allowing for significant error, according to a prominent actuary. Managing director of NetActuary, Brian Bendzulla says he is concerned that…