Downsizing

(DRAFT POLICY)
To encourage seniors occupying large homes in all areas of our urban centres to move into more suitable accommodation thus making more accommodation available for families:

  1. Age Pensioners should receive an $10,000 grant when building a new home which must be their sole and only residence.
  2. Age Pensioners should be exempt from paying stamp duty on the cost of land or a home purchased for the purpose of being their sole residence. Recipients and their partners may only own one house.