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Showing 1 - 10 of 110 results for %22Australian Seniors%22

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... non-pensioners, there may be an opportunity for additional differential means testing arrangements based on Commonwealth Seniors Health Card status." In making these recommendations, the taskforce rejected the concept of a specific tax or levy to fund ...

MaxCap, Australian Unity in social infrastructure partnership

CHLOE WALKER  |  FRIDAY, 13 OCT 2023
The real-estate investment manager has joined forces with Australian Unity and UniLodge to develop $1 billion of new purpose-built student accommodation (PBSA) assets across Australia. The social infrastructure strategy is focused on meeting the increasing ...

Cost-of-living crisis will persist into future: Study

KARREN VERGARA  |  FRIDAY, 15 SEP 2023
... 50 years old and over are struggling to manage the soaring prices of goods and services, a survey conducted by National Seniors Australia and Challenger finds. The same number of participants feel this will continue in the next 12 months. Some 62% of ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
... structured finance and scaling business growth." "This funding will allow Household Capital to meet increasing demand from Australian homeowners to access the wealth in their homes and support adequate retirement funding, housing and care." PEP managing ...

Jameson TTB, ANZ partner to deliver housing project

CASSANDRA BALDINI  |  MONDAY, 13 FEB 2023
... in a diversified portfolio of hybrid-credit opportunities in sectors including social infrastructure such as childcare, seniors living and healthcare. "The profile of this sector is closely aligned to the ESG values of the firm," explained Jameson TTB ...

Pensioner work bonus top of mind for advisers

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
Social security measures relating to the Age Pension are among the most popular regulatory topics for Australian financial advisers, based on the questions they're asking BT's technical team. According to BT, the $4000 increase to the work bonus for ...

Small wins for some pensioners

CASSANDRA BALDINI  |  WEDNESDAY, 26 OCT 2022
... aims to incentivise them into the workforce. Chalmers has further increased the income threshold for the Commonwealth Seniors Health Card. For singles, it will jump from $61,284 to $90,000, and for couples from $98,054 to $144,000. Speaking to Financial ...

Data demonstrates success of compulsory super: Report

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
... accumulated super for their retirement and 75% of retirees are satisfied with their financial security. The report from National Seniors Australia and Challenger, entitled The evolution of retirement income: A 2022 snapshot, said the proportion of women ...

Financial elder abuse programs launch

KARREN VERGARA  |  TUESDAY, 11 JAN 2022
... in 10 older Australians are worried that someone they know will be the victim of financial abuse, according to the Australian Banking Association. Such abuse is expected to be more prevalent as Australia's population is expected to grow to 40 million ...

IFM, Citi pour $300m into Household Capital

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... funding." Household Capital chair Nick Sherry added: "The wealth of baby boomers is mostly tied up in their home. Australian seniors need ubiquitous, responsible, long-term, and efficient access to home equity." He said the debt facility from IFM and ...
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