Keep up with the latest news and updates
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:
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
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
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
April 18, 2019
Australia’s federal budget for 2019-20 raised mixed reactions. There are people praising the Coalition for coming up with the first budget surplus in 12 years (excessive of $7.1 billion) while some members of the society such as seniors advocates call the budget a failure to impress older Australians. Leading independent advocacy group National Seniors Australia
April 4, 2019
[transcript} Hi, it’s Don Murdoch here, from reverse mortgage broker, Seniors First. A common question I’m asked is “Will a Reverse Mortgage affect my Age Pension?” The quick answer is: maybe. If you’re a Queensland Age Pensioner thinking about Reverse Mortgage, this should be the focus of your attention right now. I’ve done hundreds
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