“Anything that helps people work save and invest, anything that helps the economy become more adaptive, and deal with the transition that’s taking place and enables it to diversify, I’m interested in all of those ideas,” he said.
“With an ageing population, under the right settings, we are unlocking the capital of older Australians, then you are creating new markets for those services in Australia.”
In effect, what Mr Morrison wants is for older people to sell their homes and spend their money instead of leaving it locked up in the family home.
What do you think? Is it time to rethink the family home ‘tax break’? Is it fair that those better off are paying less tax? Or should the family home be left exempt, a fair reward?