PPRuNe Forums - View Single Post - War in Australia (any Oz Politics): the Original
Old 4th Apr 2015, 07:19
  #16926 (permalink)  
MTOW
 
Join Date: Jan 2000
Location: Australia
Posts: 543
they don't allow preservation of the asset if there is not enough cash in the family to pay out the mortgage on the death of the second spouse, if that's the arrangement.
RJM, I can't see why the taxpayer should have to support someone who has well above the average in assets into their old age, (even if a very high proportion of those assets are made up of the family home), just to allow the children of that person to inherit the home debt free after the parent dies.

It's just yet another form of middle class (and all too often upper class) welfare as far as I'm concerned.
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