Keep up with the latest news and updates
September 11, 2023
It’s an undeniable fact that healthcare costs in Australia have been escalating over the years. According to a 2023 report from the Australian Seniors, the average yearly out-of-pocket expenses towards health for individuals aged 60 and over is around $1,586. This estimate translates to approx $14.18 billion Australia-wide. For many seniors, these healthcare costs can
September 4, 2023
We are currently at the beginning of the largest intergenerational wealth transfer in history. According to a 2021 Productivity Report, over the next two decades: more than $3.5 BILLION will shift from baby boomers to Generation X and Millenial beneficiaries by the year 2050 there will $224 BILLION bequested annually much of this wealth transfer
September 4, 2023
Australia stands on the brink of a transformative moment. On October 14, all citizens will have the power to reshape the nation’s foundational document and recognise its First Peoples in a manner that holds the promise of justice, inclusion, and unity. Seniors First, as a leading force in the over 60’s community in Australia, strongly
August 14, 2023
The evolving landscape of housing and financial challenges for older Australians is a growing concern. A recent study by the Australian Housing and Urban Research Institute (AHURI) highlights the obstacles many seniors face when seeking appropriate housing and suggests a potential avenue for relief: Reverse Mortgages. AHURI’s report brings to the fore some worrying statistics.
August 7, 2023
PRESS RELEASE: For Immediate Release SYDNEY, Australia – Seniors First has once again enhanced its reputation as a leader in the mortgage industry by being shortlisted as a finalist in Australian Mortgage Awards, 2023. The nomination as ‘Brokerage of the Year – 6 to 20 staff’ comes on top of their recent nomination for Marketing
August 4, 2023
Australia’s seniors are facing a financial challenge that was uncommon just a couple of decades ago. According to The Conversation Australia, the ratio of mortgage debt to income for people over 55 has alarmingly doubled in the past 25 years. This trend signals a major shift in our retirement landscape and has implications for all
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