Downsizing provisions are a mixed bag

By Daryl Dixon
Updated June 19 2017 - 9:48am, first published May 26 2017 - 12:19pm

While far from ideal, the budget initiative to allow older Australians to deposit up to $300,000 each in superannuation when they downsize their home is welcome. Unfortunately, the change is not to start until July 2018 and this could well result in retirees delaying the sale of their properties until after that date.

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