The time has come to understand the plight of the poor and their housing problems.
There are thousands of homeowner pensioners living alone, often in large homes.
These homeowners have the answer to our housing shortage by subletting part of their homes, but they are stopped by our Government‘s income means testing rules, income tax and capital gains tax rules.
It’s time for a major rethink.
Income from renting part of your family home should be exempt from both the means test rules and income tax.
Furthermore, the family home full capital gains tax exemption should not be affected by the leasing of part of the family home.
I call on all the candidates in the upcoming federal election to endorse this simple idea as part of their election policy.
Action is needed now.
Email, Apr 28
Kenneth Howes, Picketts Valley