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Scott Morrison offers bonus to retirees who sell house so younger families can buy first home 

Scott Morrison offers lucrative bonus to retirees who downsize their houses so young families can buy their first property – and claims the incentive will free up 1.3million homes

  • Prime Minister said it will make up to another 1.3million houses available for sale 
  • Proposal also features a two year grace period before asset testing for a pension 
  • Mr Morrison said it’s designed to help ‘free up larger homes for younger families’ 

People aged 55 and over will get a financial incentive to downsize to a smaller home if the Coalition government wins…

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