Labor is now being invited to do what every older Australian was told would never happen: drag the family home into the pension means test.
The proposal being pushed would exclude only the first $500,000 of owner-occupied home equity, then count the value above that against the Age Pension. In plain English, the home older Australians worked their whole lives to pay off would no longer be treated as protected. It would become a balance-sheet asset for Canberra to measure, taper and punish.
That is a direct attack on the Australian retirement bargain. Work hard, pay tax, buy a modest home, maintain it for decades, then reach retirement and be told you are too “wealthy” for the full pension because land values exploded around you through no fault of your own.
In Melbourne, Sydney, Brisbane and even ordinary regional towns, $500,000 is not luxury. It is not harbourfront wealth. It is not some millionaire loophole. It is the new floor created by years of inflation, population pressure, planning failure and government policy that blew up house prices while wages were left behind.
The family home should be off limits. Once Canberra starts counting the roof over your head as pension wealth, the next step is obvious: smaller pension, forced debt, reverse mortgage pressure, estate recovery and older Australians pushed to borrow against the home they already paid for.
Jim Chalmers and Anthony Albanese need to rule this out completely, not hide behind “modelling,” “fairness” and “intergenerational equity.” Pensioners are not the enemy. Older Australians with a backyard are not a budget problem. They are people who paid into this country for decades and deserve security, not another Labor raid dressed up as reform.
Labor already taxes your income, your fuel, your super, your savings, your investments and your death through every indirect charge it can find. Now the political class is eyeing the family home because it cannot control its own spending.
Hands off the home.
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🚨 LMFAO!! President Trump posted this absolute gem: Him in the Oval Office surrounded by European leaders with a map of GREENLAND, CANADA and VENEZUELA being claimed as USA territory
Cue the meltdowns 🤣🤣
🚨Haaland explicou por que não publica fotos do filho nas redes sociais. O atacante afirmou que escolheu a vida pública, mas o filho não. "Quando ele crescer e quiser aparecer, tudo bem. Por enquanto, prefiro deixá-lo viver a infância longe dos holofotes, as pessoas são muito más"👏🏽❤️
🚨 NOW: Speaker Johnson just dropped this chilling line to every American to block the rise of COMMUNISM
"This is not a GAME! Everybody needs to understand these crazy little Mamdanis who are popping up all around the country — they are a DANGER to you and your family. This is not a GAME!"
"If they promise you free stuff, there is far more beneath those promises that even some of these people do not understand themselves."
"And so we are here as the Republican Party to stand on the founding principles of the greatest nation in the history of the world. It is our duty to do that."
"And we're doing it on behalf of all of you, even the journalists who don't agree with our policies all the time."
"You better agree on these principles because that's what keeps you free."
"By the way, it's what keeps the press free, okay? This is essential for your well-being and your family. This is not a game."
"This is not our Father's Democrat Party. This is not, we're not arguing our marginal tax rates anymore. We're arguing whether or not freedom is going to survive!" @SpeakerJohnson
BREAKING: President Trump stuns the room saying NOTHING will be bigger then the news HE will drop on Thursday when he addresses the nation
“Without free and fair Elections, you don’t have a country”
GET READY 🔥
I’m so happy the next lawsuit coming up for that spineless piece of shit bastard of Pembroke and his ugly demon wife is the racism lawsuit with DR. Sophie Chandauka🤣I have a feeling she’s gonna expose even more really bad shit about Harry and the Demon in court🤣
Times ticking!
Here it is:
The State of Georgia, November 3, 2020 Election:
● 97% of 25,000 to 30,000 counterfeit ballots that were cast for Joe Biden and John Assoff, @FBIDirectorKash has secured in his possession.
● Out of a batch of 950 military mail-in ballots, Joe Biden received 950 votes, while Trump received 0—all in exact sequential order @FBIDirectorKash has also secured in his possession.
And Democrats are petrified.
.@NYCMayor is not a real American.
He came from Uganda, lied on his citizenship paperwork, and now wants to meet with Iranian officials at the U.N. to undermine America.
He should be denaturalized and sent back to Uganda where he belongs.
“Easy Money. No Way We Ever Get Caught, Brad …”
Georgia Gov. Kemp Awarded $107 Million Contract to Dominion Two Weeks After Meeting With People’s Republic of China Consul General https://t.co/NGQy39gwb3
🚨 HOLY CRAP! President Trump is set to announce that Democratic Senators Jon Ossoff and Raphael Warnock of Georgia were ILLEGITIMATELY ELECTED due to massive fraud, following an FBI investigation into Fulton County 2020 — @DC_Reporter
The case has been built for MONTHS, and it's all coming out now! 🔥
Democrats are terrified.
Trump was right all along.
So Meghan Markle preaches about being “linked not ranked” while flogging the title “Duchess” on TV, because it's all she's got. What a hypocritical old ham.
She knows nothing about cooking either. Give her a pint of bitter and tell her to sit down.
Pope Leo demands due process for every illegal immigrant.
Why doesn’t he take in all 18 million at the Vatican and process them there?
Is he a woke hypocrite?
A. Yes
B. No