How the age pension distorts the housing market

By Daryl Dixon
Updated August 24 2017 - 3:24pm, first published 2:00pm

Recent publicity about the possible adverse impact on pension entitlements of downsizing the family home has drawn attention to the problems that the age pension assets test creates for many current and future retirees. Almost 30 years ago following the Gruen Report, the government decided not to subject an owner-occupied home, whatever the value, to the age pension assets test.

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