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Federal budget 2017
Superannuation
Home switch for seniors 'welcome'
James Kirby, Andrew Hewison
Hewison Private Wealth
11 May 2017
Andrew Hewison, Managing Director of Hewison Private Wealth, was quoted in The Australian commenting on the 2017 Federal Budget initiative to allow retirees to put up to $300,000 from the sale of their family home into their superannuation.
“Often the family home is the largest financial asset for retirees at retirement. Because it carries life memories people are reluctant to sell their home to fund retirement … this will provide an incentive.”
To read the full article please refer to The Australian, 11 May 2017, page 7. Or if you’re a subscriber of The Australian online you can access the article here.
Hewison Private Wealth is a Melbourne based independent financial planning firm. Our financial advisers are highly qualified wealth managers and specialise in self managed super funds (SMSF), financial planning, retirement planning advice and investment portfolio management. If you would like to speak to a financial adviser on how you can secure your financial future please contact us 03 8548 4800, email [email protected] or visit www.hewison.com.auPlease note: The advice provided above is general information only and individuals should seek specialised advice from a qualified financial advisor. The views in this blog are those of the individual and may not represent the general opinion of the firm. Please contact Hewison Private Wealth for more information.