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well FYI - my mum has retired BUT she is not recieving anything from government or pension or anything.. i m simply helping my mum to plan it properly so she does not have to get tax just because she has a large deposit from selling her only house... and Terry is RIGHT, there s a BIG A$$...

Centrelink never crossed my mind, another place to sort help! thanks so much guys...

Thank you so much guys... i will be digesting your thoughts...

Hi all, i need help as i have no idea much about selling PPOR, income and finances. My mum is a retiree and wants to sell her PPOR (downsizing reasons). IF she manage to sell her PPOR (then rents another property because she cannot find another one to buy just yet) and she puts the money...