As part of a $1.7 billion economic survival package, the Victorian Government has announced $500 million to establish a Business Support
Fund to assist small to medium businesses most impacted by the COVID-19 outbreak.
In Summary
To be eligible to make a downsizer contribution to your super, you must be aged 55 or older and have owned your home for at least 10 years prior to the sale.
The investment market volatility that kicked off in March 2025 has felt like a punch, particularly for those in or nearing retirement.