I have had clients tell me, they are considering putting some of their savings into buying a more expensive home, which is exempt from the assets test, and thereby qualify for the age pension....
frack, I believe you are referring to a change in Market Value, which includes an increase or decrease in the market value only... this figure is used to determine the current value of each members account the figure is then adjusted for taxation purposes and removed from the taxable income
the members account balance is a figure used to determine each members account balance at the end of each year... so for example if one is looking to retire next year, you would have some indication of the amount
tax is only ever paid on a net capital gain after the asset is sold or disposed of
