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Showing 61 - 70 of 145 results for "home ownership"

DomaCom partners for Sharia-compliant home loans

KANIKA SOOD  |  MONDAY, 21 DEC 2020
... educated with 78% at least holding graduate degrees, compared to 30% for the broader population. However, the rate of home ownership in the cohort is lower than the broader population (15% vs. 66%) The report estimates the Shariah-compliant mortgage ...

Household capital a retirement solution: Research

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... with the home. RMIT echoed the sentiment of the Retirement Income Review (RIR) which found household capital and home ownership as an important fourth pillar. RMIT suggests the fourth pillar should include equity release options like reverse mortgages. ...

University debt weighs on personal investing

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... had a "moderate to very large" impact on their ability to start personal investing outside of superannuation. On home ownership, 50% said HECS-HEP debt impacted their ability to buy a house, with 18% labelling it as a "very large impact". About 41% said ...

Qualitas readies new fund with GURNER

KANIKA SOOD  |  THURSDAY, 3 DEC 2020
... strengths that can't be ignored." "Young, well-educated professionals are persistently prioritising lifestyle over home ownership, preferring comfortable, sustainable, well-located rentals over ownership. And once the immigration tap is turned back on ...

RIR reveals bleak financial upside for disabled people

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
... the person is to have a lower income. People with disability in retirement have lower average wealth, and lower home ownership rates, compared with the total retired population, the review found. On average, people with disability in retirement have ...

Home ownership shouldn't be at expense of super

ELIZA BAVIN  |  FRIDAY, 27 NOV 2020
... Jeremy Cooper. Speaking at the virtual ASFA Conference, Retirement Income Review Analysed, Cooper said that while home ownership is undoubtedly an important element in a comfortable retirement it should not be an issue for the superannuation system. ...

Retirement income failing Aboriginal, Torres Strait Islander people

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... compared with 71% of the total population aged 65 and over. With the report clearly identifying the importance of home ownership in retirement, this is also impacting the ability of Aboriginal and Torres Strait Islander people to enjoy a comfortable ...

Imbalance in generational retirement income: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... not have the same opportunity to accumulate housing wealth as current older Australians. But if the decrease in home ownership continues, young people will need to rely on their superannuation or equities as retirement savings. "These people will forgo ...

Fifth pillar in retirement system considered

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... Pension, compulsory superannuation and voluntary savings. Additionally, many have pointed to household capital and home ownership as an important fourth pillar, which the RIR also discussed at length. However, the RIR takes it a step further, saying ...

Homeowners given preferential treatment: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... provides more support to homeowners compared to non-home owners. The review found the preferential treatment given to home ownership leads to inequities in the retirement income system. "The exemption of the principal residence in the assets test particularly ...