The Work Bank Bonus cap has been temporarily increased by $4,000. This increase applies from and including 1 December 2022 and will end on and including 31 December 2023.
pensioners
Incentivising pensioners to downsize
The Government is continuing its policy to remove financial barriers which currently inhibit age pensioners (and service pensioners) from downsizing due to the application of the means tests to the sale proceeds of a pensioner’s principal place of residence.
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