Local council farm rate concessions
Properties which are classified as working commercial farms may be eligible for a rebate on their 2023-2024 farm rates. Rebates and rates may differ depending… from Local council farm rate concessions
There have been recent changes to downsizer contributions for superannuation.
The minimum eligibility age for downsizer contributions will be widened from 60 years and over to 55 years and over.
Additionally, the following changes were announced for individuals in receipt of Government assistance:
The measure will have effect from the start of the first quarter after Royal Assent of the enabling legislation.
A downsizer contribution is a one-off post tax contribution to superannuation up to $300,000 per person from the sale of their home. In the case of couples, both can contribute, and downsizer contributions do not count towards non-concessional caps.