This page is a work in progress and will be edited as changes occur in retirement income policy in Australia.
Building Australia’s Retirement Phase System.
Fact Sheet 3.4 from Budget 2017-18 announced that
The government response to the FSI set out distinct strategic priorities to deal with these challenges including a commitment to improve the efficiency and operation of the superannuation system and to boost retirement incomes. The government committed to:
- From age 84 or a minimum of 5 years only 30% of the purchase price will be assessable against the asset test