Home downsizing scheme could leave some retirees worse off: Accountant

Many lower-wealth retirees would be left worse off if they take up the Government's proposed new scheme to help them downsize their home.

by | May 24, 2017

Home downsizing scheme could leave some retirees worse off: Accountant

The 2017-18 federal budget, released a fortnight ago, contained several housing affordability measures, including a scheme to encourage older people in retirement to move out of big family homes into smaller houses and apartments.

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