Hello, it’s a pinch and punch for our first weekly news update for the month of April.
First up, Downsizing.com.au has released a new report which explains how the rising number of working older Australians will transform the nation’s over 50s housing industry.
The report finds that 3.99 million Australians over 50 are still working, with this number expected to increase to 5.2 million by 2031.
In other news this week, Tasmanian pensioners will now be able to save more than $11,000 on stamp duty when they purchase a home worth up to $600,000.
Meanwhile, a major not-for-profit retirement living provider is planning a new apartment project in an inner-Sydney suburb, after selling out another project in the same suburb.
Finally, we loved the story supplied to us by RetireAustralia this week about two friends who went to high school together and now live in the same South Australian retirement village.
Watch the video to find out more, or go to www.downsizing.com.au/news
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