Australia NewsGovernment Passes Pensioner Concessions to Free up HousingSavePrintA couple walks past a real estate agent's window advertising houses for sale and auction in Melbourne, Australia, on May 1, 2019. William West/AFP via Getty ImagesAAP11/25/2022|Updated: 11/25/2022Pensioners are being given further concessions to encourage them to downsize and free up housing stock for younger families looking to buy.The new federal laws reduce the impact selling a house has on the payments pensioners, and other welfare recipients receive.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.Share this articleLeave a commentAAPAuthorAustralian Associated Press is an Australian news agency.Author’s Selected ArticlesHeroic Cop Who Shot Bondi Stabber Diagnosed with CancerJan 11, 2026No Let-Up in Coffee Prices as Bean Supplies StabiliseJan 10, 2026Residents ‘Smashed’ as Cyclone Barrels Towards CoastJan 10, 2026Tragedy as Body Found With Australian Fires Burning out of ControlJan 10, 2026Related Topicshomespensionersdownsizing