October 8, 2020

In the 2020 Federal budget, two $250 payments were announced for pensioners following the $750 payments in earlier this year. The government will be spending $2.6 billion over the next three years on the payments to help stimulate the struggling economy and ease some financial stress due to COVID -19 pandemic. AM I ELIGIBILIE FOR

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March 30, 2020

A message from our CEO  Due to the coronavirus pandemic, we want to inform all our clients and colleagues that Seniors First continues to serve its clients as before.  Reverse Mortgage Loans Are Still Available  Seniors First lending partners are part of the banking industry and so are considered essential businesses and remain available to

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March 12, 2020

The impact a Reverse Mortgage may have upon your eligibility for the Aged Pension will depend on individual circumstances, and there are a number of important factors to consider. It ultimately depends on the purpose, and how you use the money from a Reverse Mortgage.  There are three ways you can take Reverse Mortgage funds:

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February 24, 2020

In the 2018 Federal Budget, the Australian government introduced key changes that allow seniors with full age pension entitlements to access the government-funded Pension Loans Scheme (PLS) (or often dubbed the ‘government reverse mortgage’).  While the PLS was established in 1985 by the Hawke Government, very few retirees were aware of it and fewer have

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September 30, 2019

Allyson Bailie from Retirement Essentials encourages Australian seniors to check their eligibility for the Age Pension before getting a reverse mortgage A reverse mortgage can make a huge difference to the lives of Australian seniors who are struggling to make ends meet.  With the rising cost of living in Australia and limited income opportunities for

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July 29, 2019

The reverse mortgage lender, Heartland Seniors Finance, recently launched a new reverse mortgage TV ad campaign.  It’s amusing and witty, but addresses the serious need to help Australian seniors become more aware of the financial options a reverse mortgage loan can offer. Watch it below Breath of Fresh Air  Heartland’s TV ad is a breath

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