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Showing 131 - 140 of 425 results for "Homes"

University to probe reverse mortgages

KANIKA SOOD  |  TUESDAY, 11 JUN 2019
... mortgages to find why their uptake has been slow in Australia. Reverse mortgages allow retirees to borrow money against their homes to supplement their retirement income. From July 1, they will be available to a wider set of Australians after changes ...

Navigating the new Pensioners Loan Scheme

KANIKA SOOD  |  THURSDAY, 6 JUN 2019
... Scheme, says AMP. The scope of the Pensioners Loan Scheme, which allows older Australians to borrow money against their homes to supplement their income while in retirement, was expanded in last year's budget following calls from the industry, including ...

Former Gold Coast adviser banned

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
... According to the corporate regulator, advice reviewed during Renneberg's tenure at Austplan shows he received referrals from GM Homes Australia to help their clients purchase investment properties through SMSFs he would help establish. In doing so, Renneberg ...

Compulsory super detrimental: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... balance will be there - but saving for a deposit actually is saving for retirement given how much better off those with homes are than those without.

Australia's wealth takes half trillion hit

HARRISON WORLEY  |  MONDAY, 15 APR 2019
... According to Roy Morgan's latest Single Source Survey, the gross personal wealth of Australians (including owner-occupied homes) is currently around $9.78 trillion. However, in September last year the figure stood at more than $10.2 trillion. The ...

New retirement loan launches

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2019
... The loan ranges from $50,000 to $550,000. It charges a variable 5.9% interest rate per annum and 1.5% establishment fee. Homes must be fully paid and is the principal place of residence. The untapped home equity market owned by Australian retirees is ...

Markets could delay retirement plans

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... Recent research by Roy Morgan found Aussies would retire with an average gross wealth (total assets excluding owner-occupied homes) of $331,000 - 40% higher than 2008 balances of $237,000. In 2018, superannuation represented 69% of the gross wealth of ...

New initiatives ready advisers for the future

JAMIE WILLIAMSON  |  WEDNESDAY, 5 DEC 2018
... Aged Care Gurus principal Rachel Lane said when people think of aged care, their mind immediately goes to residential care homes for the elderly when there are actually far more options available. Of the 1.3 million who received aged care in Australia ...

Philanthropic foundation names new chair

DARREN SNYDER  |  WEDNESDAY, 21 NOV 2018
... efforts, has a unique 360-degree view she brings to this leadership role." De Gori added the work of Future2 reaches into homes all across Australia and touches the lives of young people facing challenging times. "The work extends beyond any one person ...

Social media reacts to SIBOS

HARRISON WORLEY  |  FRIDAY, 26 OCT 2018
... (@beelizabeth_) October 21, 2018 Finder.com.au editor Elizabeth Barry quipped that some organisations had a nicer SIBOS setup than the homes of Sydney locals. Touring the global financial services conference, Sibos. The expo attracts over 7,000 executives ...