Please check our article on the merits of including the value of the principal place of residence in the pensions asset test, subject to a high threshold to ensure it only captures the 'wealthy'.
Then add your opinion in the survey.
This week, the OECD Survey on Australia said:
“Age pension payments have risen more markedly than other social benefits, such as those for the unemployed. In addition, the prolonged boom in house prices have inflated the wealth of many pensioners without impacting their pension eligibility given that the value of the family home above a modest threshold (AUD210,500) remains outside the means test. Half of the government’s spending on the age pension goes to people with assets more than AUD500,000. Indeed, the recent Retirement Income review highlighted that the distribution of age pension expenditures is much less skewed to lower wealth quintiles than other payment.”
There are only two questions, it will take only a couple of minutes.