WebPrincipal home sold from 1 January 2024. For home sales from 1 January 2024, the asset exemption period is up to 24 months. Depending on your circumstances, you could get a further exemption of up to 12 months. The maximum assets test exemption period is 36 months. Sale proceeds to be used to secure a new principal home will be deemed at the ... Web20. júl 2024 · The Pension Loans Scheme enables older Australians to obtain a non-taxable loan from the Australian Government, rather than a commercial bank or lender. Depending on how old you are and the level of equity in any property you own, your loan amount can reach 1.5 times the maximum payment of your eligible pension. It is paid fortnightly.
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Web23. nov 2024 · From today (23 November 2024), over 11.6 million pensioners in England, Wales, Scotland and Northern Ireland will start to receive payments of up to £600 to help … WebOver 8000 pensioners downsized their homes in 2024 and Labor is hopeful this number will increase if the changes are legislated. The move has received a mixed reception from the Australian... budget ellicott city
Housing options Seniors Queensland Government
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