There have been calls for the family home to be included in the Age Pension assets test, after research from the Australian National University (ANU) showed some pensioners live in multimillion-dollar homes.
It has been argued that Australian workers could pay less income tax if older Australians living in high value homes received less pension as a result of their principal residence being included in the assets test.
The Australian Financial Review stated in a recent editorial that assets such as the family home should be used to pay for home care.
Chris Kenny from Sky News also weighed in on the debate. He said something had to be done, but this was unlikely given the politics involved.