The Bankwest Curtin Economics Centre and the John Curtin Institute of Public Policy are hosting a breakfast event with Mr Peter Harris AO, Chairman, Productivity Commission.
This breakfast presentation will put retirement planning, access to the Age Pension and the value of the housing asset in context. There is a widespread perception among older Australians that the family home should not play any role in funding retirement. This constrains the range of accommodation and retirement income choices of older Australians. Voluntarily freeing up the housing asset is unlikely to trigger loss of the pension by retirees, but could significantly benefit the least well-off retirees and, in the longer term, take pressure off the aged care budget. The Productivity Commission Research Report: Housing Decisions of Older Australians (December 2015), provides the starting point for this discussion.