royal_assent

Social Services and Other Legislation Amendment (Incentivising Pensioners to Downsize) Bill 2022

Portfolio: Social Services

Introduced7 September 2022
Passed House28 September 2022
Passed Senate25 November 2022
Royal assent29 November 2022

In plain English

Encourages older Australians on pensions to sell big homes by letting them keep more money without losing pension payments.

Source: Australian Parliament House bill record

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